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How Capitalism Was BuiltThe Transformation of Central and Eastern Europe, Russia, the Caucasus, and Central Asia\nAuthor(s): Anders Aslund\nFormat: Paperback\nPublisher: Cambridge University Press, United Kingdom\nImprint: Cambridge University Press\nISBN-13: 9781107628182, 978-1107628182\nSynopsis\nAnders Aslund is known to make bold predictions that initially arouse controversy but soon become common wisdom. In Gorbachev's Struggle for Economic Reform [tel], he foresaw the collapse of the Soviet political and economic system. After Russia's financial crisis of 1998, observers declared the market economic experiment a failure, Aslund foresaw market economic success (Building Capitalism, 2002). In How Capitalism Was Built, 2nd Edition, he asks - and answers for the twenty-one countries he investigates: Why did communism collapse? Why did Russia not choose gradual reforms like China did? Wherein lies the relative success of postcommunist transformation? How did the oligarchs arise.