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E-ISSN 2499-9628
ISSN 0869-5377
Журнал Логос

The Disruption of Continuity

Автор: Mau Vladimir

Информация об авторе:
Professor, Rector, Russian Presidential Academy of National Economy and Public Administration. Address: 82 Vernadskogo Blvd, 119571 Moscow, Russia. E-mail:

The paper describes in a comparative perspective the dynamics and main phases of revolution from the point of view of economics. It analyses the dynamics of the revolutionary pro¬cesses as well as the economic policy, which revolutionary gov¬ernments are to proceed: inflationary financing, redistribution of property, monetary issue etc. The author argues that revolu¬tions cause the expansion of transaction costs and the economic slowdown as a result. He demonstrates that the Russian trans¬formation of the late 1980s — early 1990s generally actuates the same economic policy mechanisms as during the great revolu¬tions of the past. However there is a specificity in it — this was the first full-scale revolution to take place under the circum¬stances of the crisis of in- dustrialism and the transfer to post-industrial society.

Ключевые слова: revolutionary politics; post-communist transformation; replacement of elites; property; default; inflationary politics

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