Insider Rent Makes Russian Capitalism: A Rejoinder to Simon Pirani

Ruslan Dzarasov

Journal of Contemporary Central and Eastern Europe, 2011, vol. 19, issue 3, 585-597

Abstract: The paper provides a rejoinder to Simon Pirani's critique of the insider rent model of the modern Russian capitalism. It is argued that the notion of insider rent as a concrete form of surplus value allows one to grasp the historical dynamics of the Russian society in the 1990s–2000s. The author makes a point that under the favorable conditions of the last decade the strategies of Russian big business largely moved from short-term to medium-term time horizon. However, the system is still based on insider rent extraction. As a result, state functionaries often became large insiders themselves, intra-firm conflicts continue, the country's semi-peripheral status is entrenched, and authoritarianism strengthens. The paper concludes that analysis of the modern Russian society in insider rent perspective demonstrates continuity, rather than disruption, in development of the country s nascent capitalism in the 1990s and the 2000s.

Date: 2011
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/0965156X.2012.665281 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:cdebxx:v:19:y:2011:i:3:p:585-597

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/cdeb20

DOI: 10.1080/0965156X.2012.665281

Access Statistics for this article

Journal of Contemporary Central and Eastern Europe is currently edited by Andrew Kilmister

More articles in Journal of Contemporary Central and Eastern Europe from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().