18. Humphrey (2002) notes that many Russian companies see their mission as protecting and providing for their kollektiv of workers more so than making a profit for their owners. Verdery (1996) points out the aptness of describing many post-socialist economic practices as “feudal.” And David Kotz (1998) has argued that the Russian economy can best be labeled “predatory/extractive” since owners of companies are more interested in turning a quick profit but are not reinvesting any money into production processes or infrastructure (1998).

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