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The paper deals with the problem of the establishment of capitalism in Russia in the late 19 - early 20th centuries. Using a wide array of historical research and documents the author argues that the thesis on the advanced state of capitalism in Russia in the beginning of the 20th century does not stand up to historical scrutiny, and the role of the famous Emancipation reform of 1861 appears to be of limited importance.

The article is devoted to the scientific legacy of well-known Soviet economist and politician G. Ya. Sokolnikov, an architect of the Soviet financial reform of 1922-1924. His theoretical position is analyzed not only with respect to optimal budget and monetary policy, but also regarding his opinion on the problems of foreign trade, tax reform etc. The author shows that Sokolnikov's economic views were both original and fruitful.

The paper written in the light of 125th birth anniversary of L. Trotsky analyzes the life and ideas of one of the most prominent figures in the Russian history of the 20th century. He was one of the leaders of the Russian revolution in its Bolshevik period, worked with V. Lenin and played a significant role in the Civil War. Rejected by the party bureaucracy L. Trotsky led uncompromising struggle against Stalinism, defending his own understanding of the revolutionary ideals. The authors try to explain these events in historical perspective, avoiding biases of both Stalinism and anticommunism.