HARVARD STUDIES IN BUSINESS HISTORY
Cover: Dilemmas of Russian Capitalism: Fedor Chizhov and Corporate Enterprise in the Railroad Age, from Harvard University PressCover: Dilemmas of Russian Capitalism in HARDCOVER

Harvard Studies in Business History 44

Dilemmas of Russian Capitalism

Fedor Chizhov and Corporate Enterprise in the Railroad Age

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Product Details

HARDCOVER

$75.00 • £59.95 • €67.50

ISBN 9780674015494

Publication: February 2005

Short

292 pages

6-1/8 x 9-1/4 inches

9 halftones, 1 map, 3 tables

Harvard Studies in Business History

World

Fedor Chizhov built the first railroad owned entirely by Russian stockholders, created Moscow’s first bank and mutual credit society, and launched the first profitable steamship line based in Archangel. In this valuable book, Thomas Owen vividly illuminates the life and world of this seminal figure in early Russian capitalism.

Chizhov condemned European capitalism as detrimental to the ideal of community and the well-being of workers and peasants. In his strategy of economic nationalism, Chizhov sought to motivate merchants to undertake new forms of corporate enterprise without undermining ethnic Russian culture. He faced numerous obstacles, from the lack of domestic investment capital to the shortage of enlightened entrepreneurial talent. But he reserved his harshest criticism for the tsarist ministers, whose incompetence and prejudice against private entrepreneurship proved his greatest hindrance.

Richly documented from Chizhov’s detailed diary, this work offers an insightful exploration of the institutional impediments to capitalism and the rule of law that plagued the tsarist empire and continue to bedevil post-Soviet Russia.