“Perestroika is a pressing necessity that has arisen out of the profound processes taking place in the course of the development of our socialist society. That society is ripe for change-one might say it has suffered enough. Any delay in pursuing Perestroika could lead in the very near future to a deterioration in the situation…
Tag: Russia
Capitalism and Democracy
There is very little doubt that capitalism is a highly potent economic system for generating wealth and prosperity. In the last four decades of its implementation globally, there are numerous examples that support this claim. As Peter Berger writes, capitalism is a “horn of plenty that heaped…immense material wealth and an entrepreneurial class, on the…
In what way was WWII the single most consequential event in Soviet history between 1921 and 1985?
Both the first as well as the second world wars are landmark events in modern world history. Both wars are marked by involvement of the prevailing world powers of the day. In the case of the First World War, the principal actors were the European powers of Britain, Germany, Austria, etc with nominal participation from…
How did the communist state arise and what kind of challenge did it provide to liberal capitalism in the West?
No single idea in the realm of political science has had the kind of impact on large sections of humanity as that of Communism. Right from its origins in the form of an abstract political philosophy in 1847 till its unexpected disintegration in the late 1980s, Communism had been an antidote to Capitalist ideology with…
Russian impact on the global energy market from 2006 onwards
Russia is expected to be a key player in the global energy markets of the future. In fact, Russia alongside China and India is touted to replace the traditional energy superpowers in the Middle East and Latin America. All the three countries have expanded their industry bases and are in ever more need of energy…