Stanislav MENSHIKOV

ANATOMY OF RUSSIAN CAPITALISM

Moscow, Mezhdunarodnye Otnosheniya Publishers 2004

(in Russian)

 Contents:

Introduction

Chapter 1. Russian capitalism – the general picture

1. Is this capitalism?
2. Bolshevism reversed
3. The legacy of socialism
4. State managers become capitalists
5. Bankers laundering incomes
6. Socialist distribution also in use
7. Why no managerism?
8. A historical reminiscence
9. Surplus value: a statistical study
10. Profit distribution by industry
11. The nature of exports’ superprofit
12. Superprofit in the domestic economy and technological stagmation

Chapter 2. Structure of capital

1. Accumulation of capital
2. To consume or to resell
3. Where to keep capital: at home or abroad?
4. The relation of industrial and banking capital
5. Capital concentration in the production sector
6. The emergence of the oil giants
7. The battle for metals

• Nickel: concentration from the start
• Aluminum: from anarchy to monopoly
• Steel

• Car industry
• Food and beverages
• Light industry

           10. Financial and industrial oligarchic groups

Chapter 3. Government capital, millionaires and managers, small business

1. The state sector and natural monopolies

• Electric power industry
• Natural gas
• Railroads

             3. The state sector: a summation

             4. Millionaires and managers

             5. Small business and its prospects

            6. The shadow economy, organized crime and corruptiom

Chapter 3. How the economy works: income generation and distribution

1. Structure of national income: labor income and gross profit
2. Inequality in income distribution and social differentiation
3. The middle class
4. The structure of GNP: relative shares of personal consumption, capital investment and government consumption
5. Dynamics of gross product

• 1992-1998: crisis and stagnation
• 1999-2003: recovery and growth

Chapter 5. Economic policy

1. Role of structural reforms
2. Role of fiscal and tax policies
3. Role of monetary policies
4. Economic policy as a whole

Chapter 6. Russia, the world, the future

1. In the global capitalist system

• Share in global GDP
• Raw materials dependence
• The problem of competitive power
• The problem of foreign investment
• Transnational connections of Russian capital