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When Ideas Fail - Economic Thought, the Failure of Transition and the Rise of Institutional Instability in Post-Soviet Russia (Paperback)
Loot Price: R1,280
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When Ideas Fail - Economic Thought, the Failure of Transition and the Rise of Institutional Instability in Post-Soviet Russia (Paperback)
Series: Routledge Studies in the European Economy
Expected to ship within 12 - 17 working days
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In the history of Russian economic ideas, a peculiar mix of
anthropocentrism and holism provided fertile breeding ground for
patterns of thought that were in potential conflict with the
market. These patterns, did not render the emergence of capitalism
in Russia impossible. But they entailed a deep intellectual
division between adherents and opponents of Russia's capitalist
transformation that made Russia's social evolution unstable and
vulnerable to external shocks. This study offers an ideational
explanation of Russia's relative failure to establish a functioning
market economy and thus sets up a new and original perspective for
discussion. In post-Soviet Russia, a clash between imported
foreground ideas and deep domestic background ideas has led to an
ideational division among the elite of the country. Within economic
science, this led to the emergence of two thought collectives, (in
the sense of Ludvik Fleck), with entirely different understandings
of social reality. This ideational division translated into
incoherent policy measures, the emergence of institutional hybrids
and thus, all in all, into institutional instability. Empirically,
the book is based on a systematic, qualitative analysis of the
writings of Soviet/Russian economists between 1987 and 2012. This
groundbreaking book makes an important contribution to Central
Eastern and Eastern European area studies and to the current debate
on ideas and institutions in the social sciences.
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