Abstract

Part of Global Capitalism and Its Critics series, organised by Dr Jeff Miley and Dr David Lane. (Cambridge Sociology) Professor Alexandr V. Buzgalin is Professor of economics at Lomonosov Moscow State University, Department of Political Economy; Chief-editor of the Journal ‘Alternatives’; consultant for the 1st vice-chairman of the Committee on Education, State Duma (Parliament) of Russian Federation; member of editorial boards of the ‘World Journal of Political Economy’ and ‘International Critical Thought’. His most recent book is: Global Capital (2 volumes). Moscow 2014 (with A.Kolganov, in Russian). Other works include: Theory of Socio-Economic Transformations. M., 2003 (with A.Kolganov, in Russian). 576 p. and Comparative Economics. Moscow 2005 (with A.Kolganov, in Russian). 746 p.