John Kenneth Galbraith and the Anatomy of Russian Capitalism

Stanislav Menshikov

Chapter 13 in John Kenneth Galbraith and the Future of Economics, 2005, pp 180-195 from Palgrave Macmillan

Abstract: Abstract In our book Capitalism, Communism and Coexistence (first printed in the US in 1987 and subsequently translated into Russian, French and other languages), Galbraith and I assumed that the centrally-planned economy of Russia would slowly transform into a mixed system combining competitive market mechanisms with active state intervention and a well-developed social security infrastructure. Basically, we were following the concept of socio-economic convergence between capitalism and communism, a concept that was first suggested by Jan Tinbergen and John Kenneth Galbraith and that was popular in the West in the 1970s and 1980s.

Keywords: Capital Investment; Organize Crime; Labour Income; Capital Gain; Personal Consumption (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-52370-8_14

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DOI: 10.1057/9780230523708_14

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