By Richard Sakwa
ISBN-10: 0199211574
ISBN-13: 9780199211579
Mikhail Khodorkovsky, the top of the Yukos oil corporation, used to be arrested on 25 October 2003. This occasion proved a turning aspect for post-communist Russia and for Vladimir Putin's presidency. via that point Khodorkovsky had turn into one of many world's richest and strongest males, whereas Yukos were remodeled right into a vertically-integrated oil corporation that used to be set to move worldwide. On all counts, this gave the impression of successful tale for Russia, however it was once accurately at this second that the experts struck, and Khodorkovsky used to be later sentenced to 8 years in prison. This publication explains why all of this happened. It presents a few theoretical dialogue in addition to targeted research of the increase and fall of Yukos, and with it the improvement of the Russian oil undefined. It additionally examines the connection among the nation and massive enterprise in the course of Russia's anxious shift from the Soviet deliberate economic climate to the marketplace method, in addition to Russia's emergence as an 'energy superpower'. The assault on Khodorkovsky had far-reaching political and fiscal effects however it additionally raised basic questions about the standard of freedom in modern Russia in addition to on the planet at huge
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Extra resources for The Quality of Freedom: Khodorkovsky, Putin, and the Yukos Affair
Sample text
49 There are undoubtedly elements of dualism in the post-communist Russian political and economic system. However, while the distinction between the normative and the prerogative state is undoubtedly fruitful, this model suggests a rather too stark binary model, and one in which the prerogative state operates as a unitary actor with a conscious design to assert its powers with no regard to the norms espoused by the constitutional state. This would be an inappropriate model for Russia. Instead, we have a system torn between the declared intention to abide by the constitution and the development of a range of para-constitutional practices that does not repudiate the constitutional state but subverts it to achieve certain immediate political goals.
103 Russia is undergoing a classically liberal economic revolution, combined in a highly contradictory manner with the attempt to restore and recreate elements of embeddedness. Part of the agenda is the great transformation in reverse. Today we have something which would seem to amount not just to another wave of economic liberalization, but to a perhaps permanent dismantling of collective capacity to resist liberalization or bind it with a nonliberal institutional context. States embedded in markets, however important they may continue to be for the well-being of their citizens, are something other than than markets embedded in states.
83 However, in his final chapters Polanyi is well aware that when the elastic band is pulling with equal strength in both directions, society can enter into crisis; and pseudo-solutions of the fascist sort emerge, promising to overcome political and economic stalemate. The separation of government from business, achieved in 1694 ‘in an exemplary fashion in the character of an independent Bank of England’, 84 also separated business from government. ), The New Great Transformation? (London, Routledge, 1994); see also Maurice Glasman, Unnecessary Suffering: Managing Market Utopia (London, Verso, 1996).
The Quality of Freedom: Khodorkovsky, Putin, and the Yukos Affair by Richard Sakwa
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