Russia’s State Capitalism Built A Middle Class Who Know There’s No Future If The Country Doesn’t Change

Sergei Guriev and Aleh Tsyvinski Business Insider 12/30/2011

Twenty years ago, Soviet President Mikhail Gorbachev resigned, the Soviet Union ended, and Russia began an imperfect transition to democratic capitalism – a transition that has proven to be far more difficult than expected.

And yet the recent protests – somewhat similar to those that preceded the […]