Book Review: Capital, Coercion, and Postcommunist States
Author: Gerald M. Easter Publisher: Cornell University Press – 241 pages Book Review by: Paiso Jamakar In August 1998, the author relates to readers, the Russian government announced that it could not pay its debts because it had run out money or other means of repayment. At that time Boris Yeltsin was president, in the eighth year of his nine-year regime (1991-1999). Yeltsin who succeeded Mikhael Gorbachev, had plans to transform Russia’s “socialist command economy” into a “free market economy” through privatization. But due to the methods he used, “much of the national wealth fell into the hands of...
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