Abstract
This chapter moves the investigation of raiding phenomenon from future prospects to a more fundamental question, that of legitimacy of property and illegality of predatory raiding. This question is addressed through the perspective of possible revision of privatization results. The state is considered as an instrument of legitimization and raiding being taken over or privatized through political raiding. In case of Russia, the state is privatized by extended families of former Communist elites in Moscow and regions. The state, captured by clans, transforms from the institution into a tool that may be rented out to predatory raiders. When the state as the major regulatory institute does not perform its major functions, helping the predatory raiders instead, transaction costs increase. When the ruling political regime loses its credibility, legitimization of property rights becomes problematic.
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Notes
- 1.
See: Kokh, Alfred. (2001). Gosudarstvo prodavets [State as the Seller]. In Anatoly Chubais (Ed.). Privatization Russian Style. Moscow: Vagrius.
- 2.
Vlast’ davit na menya postoyanno. Tyur’moj. Interv’yu Reuters s Mikhailom Khodorkovskim (original’naya russkaya versiya) [State Authorities put pressure on me all time. By prison. Reuter’s interview with Mikhail Khodorkovsky (the original Russian version)]. Khodorkovsky.ru, September 18, 2011. Retrieved September 18, 2011, from http://khodorkovsky.ru/mbk/articles_and_interview/2011/09/18/16606.html
Khodorkovsky v interv’yu Reuters predrek Rossii novy krizis i porassuzhdal o mesti [Khodorkovsky predicted a new crisis for Russia and talked about a revenge in an interview given to Reuters]. Newsru.com , September 18, 2011. Retrieved September 18, 2011, from http://www.newsru.com/russia/18sep2011/hodorkovsky.html
Forget reform if Putin stays in power – Khodorkovsky. Reuters, September 18, 2011. Retrieved September 18, 2011, from http://uk.reuters.com/article/2011/09/18/uk-russia-politics-khodorkovsky-idUKTRE78H0RD20110918
- 3.
Administratsiyu Pskovskoj oblasti obvinili v popytke sovershit’ reiderskij zahvat [Administration of Pskovskaya oblast’ was accused of an attempt of raiding takeover]. Notheft.ru, November 25, 2008. Retrieved July 22, 2009, from http://www.notheft.ru/administraciju-pskovskoj-oblasti-obvinili-v-popytke-sovershit-rejderskij-zahvat
- 4.
This is a video of a market being closed by court bailiffs. Market “Druzhba” in Surgut, Siberia, Russia, has been closed by the court bailiffs three times due to violations of fire safety requirements in some of its warehouses. Tenants of the market and its management consider it an act of predatory raiding. Surgut, HMAO, Russia, August 2009, December 2009. Retrieved September 24, 2010, from http://www.youtube.com/watch?v=vVU53bOTrhI&feature=related http://www.youtube.com/watch?v=vVU53bOTrhI
- 5.
Sviridenko, Aleksandr. (2009). Konstitutsionnyj sud poshel na printsip [Constitutional Court took the stand]. Kommersant’ Ukraina, No. 128, July 30, 2009. Retrieved July 30, 2009, from http://www.kommersant.ua/doc.html?docId=1212705
- 6.
Luzhkov predlagaet ne vypuskat’ za granitsu tekh, kto zaderzhivaet zarplatu [Luzhkov suggests to ban from living the country those who has wage arrears before their employees]. Newsru.com , August 1, 2009. Retrieved August 1, 2009, from http://www.newsru.com/russia/01aug2009/lu.html
- 7.
Pristavy trebuyut ot rossijskikh sotovykh operatorov den’gi so schetov abonentov-dolzhnikov [Bailiffs demand from cell phone companies money from the accounts of their clients-debtors]. Newsru.com , August 27, 2009. Retrieved August 27, 2009, from http://www.newsru.com/finance/27aug2009/mobil.html
- 8.
Rossijskie pristavy sobirayut dolgi kotami, korovami i bananami [Russian bailiffs collect debts through cats, cows, and bananas]. Newsru.com , August 31, 2009. Retrieved August 31, 2009, from http://www.newsru.com/finance/31aug2009/cats.html
- 9.
Pretsedent: v Peterburge sud vzyskal s sudebnyh pristavov kompensatsiyu za sorvannyj otpusk alimentshchika [A precedent: in Petersburg, the court ordered bailiffs to compensate an alimony debtor for a spoiled vacation]. Newsru.com , July 29, 2009. Retrieved August 27, 2009, from http://www.newsru.com/russia/29jul2009/court2.html
- 10.
Zadolzhavshij biznesmen nanyal banditov, chtoby te pomeshali uvezti ego Hummer na shtrafstoyanku [A businessman in debt hired gangsters to prevent bailiffs from taking his Hummer away to the towing parking lot]. Newsru.com , August 27, 2009. Retrieved August 27, 2009, from http://auto.newsru.com/article/26Aug2009/hummer-vernyt
- 11.
Sud’i otdali znakomomu Maserati za 8 mln rublej, prinadlezhashchij dolzhniku [Court bailiffs gave an 8-million-ruble Maserati that belonged to a debtor to someone they knew]. Newsru.com , August 20, 2009. Retrieved August 20, 2009, from http://auto.newsru.com/article/20Aug2009/maser
- 12.
RSPP gotov peresmotret’ nekotorye privatizatsionnye sdelki 90-h godov [RSPP is ready to revise some privatization deals of the 1990s]. Newsru.com , December 6, 2007. Retrieved May 9, 2009, from http://www.newsru.com/russia/06dec2007/shohin.html
- 13.
RSPP gotov peresmotret’ nekotorye privatizatsionnye sdelki 90-h godov [RSPP is ready to revise some privatization deals of the 1990s]. Newsru.com , December 6, 2007. Retrieved May 9, 2009, from http://www.newsru.com/russia/06dec2007/shohin.html
- 14.
Gazprom i Transneft’ poluchat pravo imet’ sobstvennye vooruzhennye sily [Gazprom i Transneft’ will be granted the right to have their own military forces]. Babr.ru, March 27, 2007. Retrieved June 10, 2009, from http://news.babr.ru/?IDE=36823
- 15.
Putin podpisal zakon, pozvoliayushchij “Transnefti” i “Gazpromu” sozdat’ korporativnye armii [Putin signed the law that allows “Transneft” and “Gazprom” to create corporate armies]. Newsru.com , August 1, 2007. Retrieved May 9, 2009, from http://palm.newsru.com/russia/01aug2007/gazpromarmy.html
- 16.
Vpervye v Rossii sozdayutsya korporativnye armii [First time in Russia corporate armies are created]. Evangelie.ru, July 16, 2007. Retrieved June 10, 2009, from http://www.evangelie.ru/forum/t35744.html
- 17.
Panfilova : Rossijskaya elita hochet obezopasit’ sebya ot novykh reiderov [Panfilova : Russian elites want to secure themselves from new raiders]. Rosbalt, July 7, 2008. Retrieved July 22, 2009, from http://www.rosbalt.ru/2008/07/07/501362.html
- 18.
Krajnov, Yaroslav. (2008). Istoriya reiderstva: osobennosti natsional’nogo peredela [History of raiding: specifics of national raiding]. Notheft.ru, July 17, 2008. Retrieved July 26, 2009, from http://www.notheft.ru/istorija-rejderstva-osobennosti-nacionalnogo-peredela
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Osipian, A.L. (2019). The Invisible Hand of the Market and Indivisible Hand of the State. In: Political and Economic Transition in Russia. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-03831-1_6
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