The Reinvention of Capitalism: Russia's Alternative to Corporate Concentration and to the Command Economy (Hardback)Peter J. Piveronus
Hardback Published: 01/12/2006
- Can be ordered from our supplier
Russia is a binary economy in progress. Louis Kelso's Two-Aspect Theory - the basis of binary economics - was the guiding principle of Russia's economic reformers during the late 1980s and early 1990s. Adapted to special conditions in Russia, binary economics reinvented capitalism and was the foundation on which Russia's successful transition to a market system was achieved. A core component of the binary economy in the Russian context is direct worker ownership.
Publisher: The Edwin Mellen Press Ltd