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Books : The Oligarchs: Wealth and Power in the New Russia .

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The Oligarchs: Wealth and Power in the New Russia
by: David Hoffman

List Price: £14.99
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Availability: Usually dispatched within 24 hours Binding: Paperback
Dewey Decimal Number: 338.04092247
EAN: 9781586482022
ISBN: 1586482025
Label: PublicAffairs,U.S.
Manufacturer: PublicAffairs,U.S.
Number Of Items: 1
Number Of Pages: 600
Publication Date: December 04, 2003
Publisher: PublicAffairs,U.S.
Studio: PublicAffairs,U.S.
Sales Rank: 24075




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Editorial Review:

Synopsis:
Hailed as "the most dramatic and comprehensive account" of the early years of Russian capitalism ( New York Times Book Review ). David Hoffman, former Moscow bureau chief for the Washington Post , sheds light onto the hidden lives of Russia's most feared power brokers: the oligarchs. Focusing on six of these cunning and ruthless men-Alexander Smolensky, Yuri Luzhkov, Anatoly Chubais, Mikhail Khodorkovsky, Boris Berezovsky, and Vladimir Gusinsky-Hoffman reveals how a few players rose to the pinnacle of Russia's new capitalism. The oligarchs started small. Before perestroika , they lived the lives of Soviet citizens, stuck in a dead-end system, cramped apartments, and long bread lines. But as Communism loosened, they found gaps in the economy and reaped their first fortunes by getting their hands on fast money. As the government weakened and their businesses flourished, they grew greedier. The state auctioned off its own assets, and they grabbed the biggest oil companies, mines, and factories. They went on wild borrowing sprees, taking billions of dollars from gullible western lenders.

When the ruble collapsed, the tycoons saved themselves by hiding their assets and running for cover. This is a saga of brilliant triumphs and magnificent failures, the untold story of how a rapacious, unruly capitalism was born out of the ashes of Soviet communism.



Customer Reviews
Average Rating:  out of 5 stars

Rating: 5 out of 5 stars - Splendid Reading
Hoffman has captured with force some of the key players in the transistion from failing communism state to aspiring capitalist society. The finest book of its kind to date. Well worth a second, third or even fourth read.



Rating: 5 out of 5 stars - Brilliant synopsis of what happend and why it all went wrong
Hoffman as the Moscow based chief for a US newpaper and Russian speaker was ideally placed as the events covered by this book occurred. Starting from the Fall of communism and the rise of a new business power elite the like of which Russia had never seen since 1917 through Yeltsin's faltering reign due to his health, to the change to Putin is over the 500 odd pages covered with a masterful handling of an incredible range of material and evidence. Hoffman gives a great feel of what set apart both ... Read More:



Rating: 5 out of 5 stars - Entertaining, informative, provocative.....a great read.
Having lived and worked in Russia for many years I experienced first-hand many of the changes of the 90's. However, this book provided many insights, often quite provocative into what was really happening in the 90's and many of the key players in Russia at that time. Particularly insightful are the backgrounds on the oligarchs as it helps us better understand their thinking, their drive and their ambition. Would Russian democracy have collapsed in 1996 without them? Perhaps it would have, though ... Read More:

 

 

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