Invisible Hands Russian Experience Social Science Stefa… Hardcover 9780521768108

Invisible Hands, Russian Experience, and Social ScienceApproaches to Understanding Systemic Failure\nAuthor(s): Stefan Hedlund\nFormat: Hardback\nPublisher: Cambridge University Press, United Kingdom\nImprint: Cambridge University Press\nISBN-13: 9780521768108, 978-0521768108\nSynopsis\nThis book investigates cases in which national and international activities have gone massively wrong, entailing seriously negative consequences, and in which the sophisticated analytical models of social science have ceased to be helpful. Illustrations range from the global financial crisis to the failure to achieve speedy systemic change in the former Soviet Union and the failure to achieve development in the Third World. The analysis uses as a backdrop long-term Russian history and short-term Russian encounters with unrestrained capitalism to develop a framework that is based in the so-called new institutionalism. Understanding the causes of systemic failure is shown to require an approach that spa.