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Evaluating the Penetration of Capitalism in Postsocialist Moscow

Bibliographic Data

ID2801442
AuthorsColin C Williams (0000-0002-3610-1933, University of Sheffield), John Round (0000-0003-0005-2348, University of Birmingham)
Year2008
Volume67
Issue2
Pages359-379
Publication date2008-04-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueAmerican Journal of Economics and Sociology (JOURNAL)
Journal identifiersISSN: 0002-9246 • E-ISSN: 1536-7150
PublisherWiley (PUBLISHER • GB)
DOI10.1111/j.1536-7150.2008.00574.x
OpenAlexW2086374263
LanguageEN
Citations received2
References cited35

This article evaluates critically the meta-narrative that capitalism is becoming totalizing and hegemonic. Recently, an emerging corpus of postdevelopment thought has begun to deconstruct this discourse, but only in relation to Western economies and the majority (third) world. To further contribute to this emerging critique, the aim is to analyze the degree to which capitalist economic practices have permeated postsocialist societies through a case study of Moscow. Based on face-to-face interviews with 313 households during 2005/06 concerning their work practices, a relatively shallow penetration of capitalism in this city is identified, with only a minority of households relying on the capitalist economy in particular, and the formal economy more generally, to secure their livelihood. The vast majority of the population is found to depend heavily on an array of noncapitalist economic practices; and capitalist and noncapitalist practices are identified as operating in tandem with, rather than in opposition to, each other. The outcome is a call to refute the universality of capitalist hegemony and to rethink the nature of economic development from a perspective that recognizes the persistence of economic pluralism

Opposition (politics · Housing, Finance, and Neoliberalism · Political Economy and Marxism · Urbanization and City Planning

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Unique citing works2
Citations per year0,11
Citation span2008 - 2011 (4)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 2
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