Abstract
In this century, capitalism has visited Russia on three different occasions. The first was under the Tsarist monarchy (when, after a long and relatively slow development, there was a short period between the first, and largely unsuccessful, bourgeois revolution of 1905-1907 and the start of the First World War), when industry boomed and capitalist rural reform was promoted by Prime Minister Pyotr Stolypin. While most of the country remained largely underdeveloped and backward (even by the global standards of the day), large monopolistic concerns and banks sprang up and began laying the foundations of a more modern capitalist state.This article can also be found at the Monthly Review website, where most recent articles are published in full.Click here to purchase a PDF version of this article at the Monthly Review website.
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