According to communist literature socialism has been established in the former Soviet Union and other communist countries. Demonstrates that the system of any of these countries according to Marxist‐Leninist ideology can be classed as state monopolistic feudalism. Among Soviet Communist values...

Purpose – The purpose of this paper is to distinguish the economic foundations of post‐Communist capitalism and to examine the key economic problems of this type of society in the context of the modern financial crisis. Design/methodology/approach – This question is approached by studying...