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In The Returns to Power, Thomas F. Remington examines the rise of extreme economic inequality in the United States by drawing comparisons to the effects of market reforms in Russia, China, and Germany. Employing an unconventional comparative framework, he shows that the US embraced deregulation and market-based solutions around the same time that China and Russia also implemented major privatization and liberalization reforms. Remington contrasts the effects of these policies Germany's postwar "social market economy." The book concludes with an analysis of the political dangers posed by high inequality and calls for a new public philosophy of liberal capitalism and liberal democracy.

Ch. 1. State and regime in Russia -- ch. 2. The Soviet system and its demise -- ch. 3. Russia's constitutional order -- ch. 4. Political participation and recruitment -- ch. 5. Political culture and public opinion -- ch. 6. Interest groups and political parties -- ch. 7. Between state and market -- ch. 8. Politics and the law -- ch. 9. Russia and the international community.

"This book investigates the relationship between the character of political regimes in Russia's subnational regions and the structure of earnings and income. Based on extensive data from Russian official sources and surveys conducted by the World Bank, the book shows that income inequality is higher in more pluralistic regions. It argues that the relationship between firms and government differs between more democratic and more authoritarian regional regimes. In more democratic regions, business firms and government have more cooperative relations, restraining the power of government over business and encouraging business to invest more, pay more, and report more of their wages. Average wages are higher in more democratic regions and poverty is lower, but wage and income inequality are also higher. The book argues that the rising inequality in postcommunist Russia reflects the inability of a weak state to carry out a redistributive social policy"--

Annotation Remington profiles the Bolshevik project of social transformation and political centralization known as War Communism. He argues that the effort to institute a centrally planned and administered economy shapedthe ideology of the regime, the relations between the regime and the working class, and the character of state power

From the first free elections in post-Soviet Russia in 1989 to the end of the Yeltsin period in 1999, Russia's parliament was the site of great political upheavals. Conflicts between communists and reformers generated constant turmoil, and twice parliamentary institutions broke down in violence. This book offers the first full account of the inaugural decade of Russia's parliament. Thomas F. Remington, a leading scholar of Russian politics, describes in unique detail the Gorbachev-era parliament of 1989-91, the interim parliament of 1990-93, and the current Federal Assembly.Focusing particularly on the emergence of parliamentary parties and bicameralism, Remington explores how the organization of the Russian parliament changed, why some changes failed while others were accepted, and why the current parliament is more effective and viable than its predecessors. He links the story of parliamentary evolution in Russia to contemporary theories of institutional development and concludes that, notwithstanding the turbulence of Russia's first postcommunist decade, parliament has served as a stabilizing influence in Russian political life

From the first free elections in post-Soviet Russia in 1989 to the end of the Yeltsin period in 1999, Russia's parliament was the site of great political upheavals. Conflicts between communists and reformers generated constant turmoil, and twice parliamentary institutions broke down in violence. This book offers the first full account of the inaugural decade of Russia's parliament. Thomas F. Remington, a leading scholar of Russian politics, describes in unique detail the Gorbachev-era parliament of 1989-91, the interim parliament of 1990-93, and the current Federal Assembly. Focusing particularly on the emergence of parliamentary parties and bicameralism, Remington explores how the organization of the Russian parliament changed, why some changes failed while others were accepted, and why the current parliament is more effective and viable than its predecessors. He links the story of parliamentary evolution in Russia to contemporary theories of institutional development and concludes that, notwithstanding the turbulence of Russia's first postcommunist decade, parliament has served as a stabilizing influence in Russian political life.

Intro -- Contents -- List of Tables and Figures -- Preface -- 1 Political Representation and Parliamentary Power -- 2 Gorbachev's Constitutional Reforms -- 3 Organizing the New USSR Parliament -- 4 The Power Game in Russia, 1990-1993 -- 5 Deputies and Lawmaking in the RSFSR Supreme Soviet -- 6 Framing a New Constitution -- 7 Organizing the Federal Assembly -- 8 Does Parliament Matter? -- Notes -- Index.

The annual Forbes magazine's lists of the wealthiest individuals in the world are a widely used source of data about the dynamics of wealth concentration. They complement the estimates of global and national wealth concentration published annually by Credit Suisse Bank and the World Inequality Database. Both sources enable analysis of the dynamics of wealth accumulation. This paper seeks to assess the degree to which political–institutional forces as opposed to market forces shape the process of wealth accumulation. The paper finds that the growth rate of the total wealth of the top 400 individuals between 2000 and 2020 was much higher than for their countries as a whole. Moreover, wealth at the very top has become significantly more concentrated. The processes generating accumulation of wealth nationally foster higher rates of wealth accumulation for the wealthiest. The paper proposes political and institutional explanations based on opportunities for rent-extraction by the wealthiest. Rising market power on the part of some firms and sectors enables profitability to become decoupled from productivity and enables individual-level wealth to accumulate at a rate proportional to the level of wealth.

The transition in Russia to a partially market-driven economy has failed to produce sustained and broad-based economic growth. The gains of economic growth are concentrated at the top of the income distribution, leaving a sizable part of the population trapped in conditions of low incomes. While abject poverty has largely been eliminated, around 40% of the population struggle to purchase more than basic consumer necessities. Spending on food occupies nearly half of household budgets for the lowest income decile. State social spending, which constitutes an increasing share of total income, is relatively non-progressive. Most is not means-based, but preserves the categorical benefits structure of the Soviet era. A combination of the bureaucratic-authoritarian institutional framework for decision-making and the strongly rent-based relationship between economic and political elites, severely limits policy options.