John Kenneth Galbraith and the Anatomy of Russian Capitalism

  • Stanislav Menshikov


In our book Capitalism, Communism and Coexistence (first printed in the US in 1987 and subsequently translated into Russian, French and other languages), Galbraith and I assumed that the centrally-planned economy of Russia would slowly transform into a mixed system combining competitive market mechanisms with active state intervention and a well-developed social security infrastructure. Basically, we were following the concept of socio-economic convergence between capitalism and communism, a concept that was first suggested by Jan Tinbergen and John Kenneth Galbraith and that was popular in the West in the 1970s and 1980s.


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© Stanislav Menshikov 2005

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  • Stanislav Menshikov

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