Tansey Autonomy July 17, 2016 Political market Economic market Growing Differences Growing Self-sufficiency Place the following words into the appropriate boxes of the matrix War, Price Wars, Balkanization, Espionage, Spying, Lobbying, Inefficiency, information asymmetry, rationing, emergency administration, Looting, hoarding, mercenary armies, police forces, Conquering, protectionism, tariffs, quotas, arms wars, Interaction, Interdependence Political market Economic market Growing Standardization: Growing Specialization: Place the following words into the appropriate boxes of the matrix Favored nation trading Free trade Law of one Price Mergers: Hostile, Friendly Mergers: vertical, Horizontal, Alliances Nation-Building Comparative Advantage Purchasing Power parity The Fisher Effect Market power Political power Dynamic market failure Customs unions, Confederations, Oligopoly Oligarchy Monopoly Tyranny Competition Political rivalry Imitating constitutions and laws 1 Russia I. Origin A. map of nomadic tribes. http://www.lib.utexas.edu/maps/historical/shepherd/german_migrations_150_ 1066.jpg 900 A.D. http://www.lib.utexas.edu/maps/historical/shepherd/europe_peoples_900.jpg Cultural roots- Eisenstein (movie) B. Byzantine-Eastern Roman Empire: Language: 1914 http://www.lib.utexas.edu/maps/historical/shepherd/euro_language_ dist_1914.jpg map of religion (pp. 62-63 textbook for the present) Spread of Christianity http://www.lib.utexas.edu/maps/historical/shepherd/christianity_dev _1300.jpg seen from the eyes of an Arab: ibn fadlan, Byzantine empire and Frankish Empires (814) http://www.lib.utexas.edu/maps/historical/shepherd/byzantine_empir es_814.jpg the Crusades 11th to 14th centuries. RELIGIOUS STRUGGLE FOR AUTONOMY B. Legal Roots- Fall of the Byzantine empire. Return Brutalization Varangians-10th century- Kiev. Rus State. Dissolved into three principalities Mongols (13th-15th century) Genghis Kahn, Muscovy conquers.(16th century) The expansion: http://www.lib.utexas.edu/maps/historical/shepherd/russian_growth_ 1300_1796.jpg Pogroms against the Jews Napoleon POLITICAL STRUGGLE FOR AUTONOMY 2 II. Asian dictatorship: The Romanovs. A. Peter the Great Cultural reforms: Looking to the West. Standardization San Marco, Venice Photo, historical http://www.greatbuildings.com/buildings/St_Marks.html Madonna Dell'Orto, Gothic Church in Venice, Italy http://www.acclaimimages.com/_gallery/_print_pages/0133-0602-08115135.html III. Oligarchy: A. War With Japan – 1905 (Theodore Roosevelt the arbiter)- Lost! B. Prelude to World War I. Nicky, george and whilhelm- all cousins. AUTONOMY: The political market place IV. World War I. Interdependence destroyed (inefficiencies, poverty) A. Poverty and destruction of the people: Government failure; inequity B. Strikes Emergency Powers: what type of intervention does this involve? V. Revolution A. White (Kerensky) vs. Red (Trotsky, Lenin) B. Peace; Russia disassembled map after 1918. http://www.lib.utexas.edu/maps/historical/shepherd/europe_1924.jpg 3 VI. Communism A. Marxism- Germany. What is the implicit government failure to government ownership? (Dynamic market failure, Efficiency Costs, compliance costs) B. Transition from Peasant private economy to Government Ownership. 20 million deaths. Government Failure: Efficiency Costs C. Industrialization- “Stalin”. Steel. - Vertical relationships. - Banks as Subsidizers not lenders D. World Isolation of Russia: Law of one price Comparative Advantage VII. World War II : 1939-1945 A. Dissaving- Keynesian Cross B. Depreciation as new capital VIII. IX. Russian Empire & cold war The fall of the Soviet Union New York Times (October 28, 1988) p. 1 “Aide to Gorbachev rules Out Baltic Independence Moves” AUTONOMY? “Deficits in Soviet Budgets Are disclosed by Kremlin; Wasteful Subsidies blamed: Investment sought: foreigners to be allowed a controlling interest in Joint ventures.” The Soviet Finance Minister said today that the Soviet Union has been running large budget deficits for years and predicted that this year the deficit would amount to the official equivalent of $58 billion. It was the first time that the government had made public this indicator of its economic distress. Finance Minister boris i. gostev, in disclosing the anticipated… deficit to a session of the Soviet parliament, or Supreme Soviet, said big Government subsidies of mismanaged industry and agriculture were among the main culprits. Government Failures? X. Transition to Capitalism NYT section 3 (November 24, 2002) p. 1 “Why U.S. Oil companies and Russian Resources don’t mix” by Neela Banerjee and Sabrina Tavernise” In a little over a year, the United States has done a startling diplomatic about-face on Russia, moving it from second-rate-power status to vital ally, thanks mostly to one thing: oil. Eager to develop sources of oil outside the Middle East, the Bush administration is pushing American oil companies to invest in Russia, and president Vladimir V. 4 Putin has thrown his weight behind tax and regulatory changes to draw foreign investment. The only problem is that American oil companies are not buying. After years of grappling with stubborn bureaucracies and hostile local oil companies, western executives doubt that even Mr. Putin can make investing in Russia much easier. The Russian industry, led by companies like Yukos and Sibneft, has turned itself around and is now battling to keep foreigners of its turf. The two sides are mired in a standoff that most executives and analysts say will drag on for years. 5