Stagnation in Russia in geopolitical and economic contexts: New alternatives

Abstract

The article shows that the new geopolitical context of 2022 makes the continuation of the Russian economy long-term stagnation unacceptable. The process of its overcoming involves identifying the fundamental causes of the situation that involve the system of socio-economic relations developed in post-Soviet Russia. The study of these relations causes the use of modern political and economic theory language and terminology. This theory supports a systematic picture of the relations of oligarchic-bureaucratic capitalism of a semi-peripheral type, which are the fundamental causes of the post-Soviet Russia economic stagnation. The historical roots of the current economic model genesis are shown, as well as such consequences of its domination as lagging behind the world economy, structural inefficiency, low social results. Economists who positively evaluate the results of reforms launched in 1990s are criticized. The profound transformations of the existing state policy are proposed as an alternative to the existing model. The proposed change includes the transition to an active industrial policy and selective planning, the socialization of property, the reduction of social inequality, ensuring eco-sociohumanitarian development priorities