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KAPITALIZM

Name: KAPITALIZM
Author: Rose Brady
ISBN: 0-300-07793-9

RUSSIA'S STRUGGLE TO FREE ITS ECONOMY

by Rose Brady ‧ RELEASE DATE: Feb. 1, 1999

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Under no five-year plan, Russia’s journey to capitalism is a unique occurrence. Brady, Business Week bureau chief in Moscow when the Soviet Union disintegrated, was a witness to the ongoing struggle. The Russian economy has been in severe recession for most of the 1990s (and, according to the Finance Ministry’s latest report, will continue to shrink a lot more). Funds for education, health care, and science have evaporated. The path to the free market has been rough, indeed. Vouchers, issued to all Russians, were to be used to buy shares in state-owned businesses at privatization auctions. They could be sold for cash, too. Not worth much, the vouchers were traded, arbitraged, or placed in dubious investment funds. But the idea of private ownership hasn’t been generally understood. Many barely subsist, trading on street corners and waiting for the state to help while some —new Russians”—often former apparatchiks or insider nomenklatura—have become instant plutocrats. Indigenous mafias and gangsters have joined the party, seizing power by force or fanciful schemes and scams. The most promising cases are dogged by adversity. Brady describes the Vladimir Tractor Factory and interviews its management as an example. She interviews citizens in the street (literally) who cope with hyperinflation and she talks with the privatization czar. The rough politics of the last presidential election and the current economic policy are parsed impartially. Through much of the time since the fall of the Soviet regime the author seemed to think that it might all come together somehow. Yet the national fisc is still no healthier than Boris Yeltsin. In a postscript, she acknowledges the default in Russian debt, the bare spots on store shelves, and the exhaustion of policy. The aspect is Chekhovian, indeed. The sorrowful story could cause a seismic perturbation in the neighborhood of London’s Highgate Cemetery (where Karl Marx lies buried). But in Russia a story is never ended. “Pozhivyom uvidem,” says the author. “We will live and see.” (30 photos)

Pub Date: Feb. 1, 1999

ISBN: 0-300-07793-9

Page Count: 320

Publisher: Yale Univ.

Review Posted Online: May 19, 2010

Kirkus Reviews Issue: Dec. 15, 1998

Categories:

CURRENT EVENTS & SOCIAL ISSUES | HISTORY | WORLD | POLITICS | GENERAL NONFICTION

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THE ELEMENTS OF STYLE

50TH ANNIVERSARY EDITION

by William Strunk & E.B. White ‧ RELEASE DATE: May 15, 1972

Stricter than, say, Bergen Evans or W3 ("disinterested" means impartial — period), Strunk is in the last analysis...

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Privately published by Strunk of Cornell in 1918 and revised by his student E. B. White in 1959, that "little book" is back again with more White updatings.

Stricter than, say, Bergen Evans or W3 ("disinterested" means impartial — period), Strunk is in the last analysis (whoops — "A bankrupt expression") a unique guide (which means "without like or equal").

Pub Date: May 15, 1972

ISBN: 0205632645

Page Count: 105

Publisher: Macmillan

Review Posted Online: Oct. 28, 2011

Kirkus Reviews Issue: May 1, 1972

Categories:

GENERAL NONFICTION

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SLEEPERS

by Lorenzo Carcaterra ‧ RELEASE DATE: July 10, 1995

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An extraordinary true tale of torment, retribution, and loyalty that's irresistibly readable in spite of its intrusively melodramatic prose. Starting out with calculated, movie-ready anecdotes about his boyhood gang, Carcaterra's memoir takes a hairpin turn into horror and then changes tack once more to relate grippingly what must be one of the most outrageous confidence schemes ever perpetrated. Growing up in New York's Hell's Kitchen in the 1960s, former New York Daily News reporter Carcaterra (A Safe Place, 1993) had three close friends with whom he played stickball, bedeviled nuns, and ran errands for the neighborhood Mob boss. All this is recalled through a dripping mist of nostalgia; the streetcorner banter is as stilted and coy as a late Bowery Boys film. But a third of the way in, the story suddenly takes off: In 1967 the four friends seriously injured a man when they more or less unintentionally rolled a hot-dog cart down the steps of a subway entrance. The boys, aged 11 to 14, were packed off to an upstate New York reformatory so brutal it makes Sing Sing sound like Sunnybrook Farm. The guards continually raped and beat them, at one point tossing all of them into solitary confinement, where rats gnawed at their wounds and the menu consisted of oatmeal soaked in urine. Two of Carcaterra's friends were dehumanized by their year upstate, eventually becoming prominent gangsters. In 1980, they happened upon the former guard who had been their principal torturer and shot him dead. The book's stunning denouement concerns the successful plot devised by the author and his third friend, now a Manhattan assistant DA, to free the two killers and to exact revenge against the remaining ex-guards who had scarred their lives so irrevocably. Carcaterra has run a moral and emotional gauntlet, and the resulting book, despite its flaws, is disturbing and hard to forget. (Film rights to Propaganda; author tour)