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Science Society, Vol. 65, No. 2, Summer 2001, 157± 181
IS RUSSIA BECOMING CAPITALIST? 157
V
Is Russia Becoming Capitalist?*
DAVID M. KOTZ
ABSTRACT: Contrary to the common assumption and to the in-
tentions of Russia’s post-Soviet rulers, Russia does not appear
to be in transition to capitalism. While some features of a capi-
talist mode of production have appeared in post-Soviet Russia,
the working population is not being transformed into a wage-
laboring class generating surplus value for a capitalist class. The
new propertied class is not a capitalist class but receives the over-
whelming bulk of its revenue from non-capitalist relations. The
explanation for this unexpected development is found in the
Western-inspired neoliberal transition strategy, which has pro-
duced, not a process of primitive accumulation, but the emer-
gence of a non-capitalist predatory/extractive system from the
former state socialist system. Russia’s emerging predatory/extrac-
tive system promises continuing technological regress, demo-
graphic disaster, authoritarian rule, and possible disintegration
of the Russian state.
ªThis way of life doesn’ t have a name. . . . What we’ re headed
for isn’ t capitalism.º
Ð Tatyana A. Maslova, switchboard operator at the
Biryulinskaya mine in the west Siberian
town of Beryozovsky.1
* Research funding was provided by the Political Economy Research Institute at the Uni-
versity of Massachusetts, Amhe
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