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Russia And Globalization

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Chapter Summary

Globalization dramatically changed Russia and prompted its return to the global market economy on terms largely dictated by the West. The post-communist transition transformed not only the country's economic and political systems but also the state-society articulation at large. Russia's complete abandonment of socialist ethics cost the country and its people dearly. While neoliberal economists regard globalization as a worldwide advance in terms of economic efficiency and human enlightenment, the Russian shows that the process also be catastrophic and intrinsically unethical. An important trend of thought in the mass media and in academic discourse concerns lessons that Russia might draw from China, particularly from Chinese adaptation to the realities of the global age. Comparing China's success to the disaster of Yeltsin's years, people such as political analyst Andranik Migranian believe that the Chinese style of market authoritarianism work better for Russia's modernization than the liberal democracy advocated by the West.

Keywords: Andranik Migranian; China; globalization; liberal democracy; Russia



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