An attempt to analyze the development of capitalism in Russia in the late 19th and early 20th centuries from the perspective of the revolutionary period

The problem of capitalism development in Russia in the late 19th and early 20th centuries is analyzed from the point of concept of the revolutionary period. Revolutions in one country constitute a revolutionary period (hereinafter referred to as RP), which is an integral system having its own laws. Specific revolutions should be treated as manifestation of revolutionary processes within RP. Depending on RP’s timing and nature, there are three main groups of countries, with Russia being in the third group. Despite development of separate heavy industries and intensive railway construction, Russia was dramatically behind the leading Western countries in terms of quality. In Russia, capitalism existed not as a system, but as a way of life, and did not have any potential of development. This should be kept in mind whilst assessing the current state of the ‘capitalist’ system in Russia and the prospects for its further development.

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