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Books > History > European history
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Political Consequences of Crony Capitalism inside Russia (Hardcover)
Loot Price: R2,365
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Political Consequences of Crony Capitalism inside Russia (Hardcover)
Series: Contemporary European Politics and Society
Expected to ship within 12 - 17 working days
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This book examines the coexistence of crony capitalism and
traditionally democratic institutions such as political competition
and elections in Russia after the collapse of communism. The
combination, Gulnaz Sharafutdinova argues, has produced a distinct
pattern of political evolution in contemporary Russia. Elections
are meant to ensure government accountability and allow voters to
elect a government responsive to their needs, but in postcommunist
Russia the institutional forms of democracy did not result in the
expected outcomes. Instead, democratic institutions in the context
of crony capitalism-in which informal elite groups dominate policy
making, and preferential treatment from the state, not market
forces, is crucial to amassing and holding wealth-were widely
devalued and discredited. As Sharafutdinova demonstrates,
especially through her close scrutiny of elections in two regions
of Russia, Nizhnii Novgorod and the Republic of Tatarstan, crony
capitalism made elections especially intense struggles among the
elites. Massive amounts of money flowed into campaigns to promote
candidates by discrediting their rivals, money purchased candidates
and power, and elites thereby solidified their control. As a
result, the majority of citizens perceived elections as the means
for the elite to access power and wealth rather than as expressions
of public will. Through her detailed case studies and her analyses
of contemporary Russia in general, Sharafutdinova argues
persuasively that the turn toward authoritarianism associated with
Vladimir Putin and supported by a majority of Russian citizens was
a negative political response to the interaction of electoral
processes and crony capitalism.
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