1. Collapse of Russian Capitalism
... . Laissez-faire capitalism, is not present simply by a policy of privatisation, yet it means, "Unrestricted freedom in commerce,"" (Collins English Dictionary, 1979: 823) the complete separation of the state from economic activity. These conditions do not exist in Russia, the legal system remains anti-business and no businessman can count on a legal system that upholds contracts. The theft of Western aid, as we have seen by Shleifer, Hay ... and the HIID, and by state-favoured gangsters is only further proof that ... ...
- Word Count: 3517
- Approx Pages: 14
- Has Bibliography
- Grade Level: Undergraduate