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      Taking Stock of Shock: Social Consequences of the 1989 Revolutions

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      Firm sale: non returnable item
      SKU 9780197549247 Categories ,
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      After the Cold War ended, more than 400 million people found themselves in the transition from state socialism and central planning to liberal democracy (in most cases) and free markets. Residents'' evaluations of the transition are sharply divided, echoing the contradictory i...

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      Description

      Product ID:9780197549247
      Product Form:Paperback / softback
      Country of Manufacture:US
      Title:Taking Stock of Shock
      Subtitle:Social Consequences of the 1989 Revolutions
      Authors:Author: Kristen Ghodsee, Mitchell Orenstein
      Page Count:300
      Subjects:Sociology, Sociology, Comparative politics, Political structures: democracy, Geopolitics, Economic history, Comparative politics, Political structures: democracy, Geopolitics, Economic history
      Description:Select Guide Rating
      After the Cold War ended, more than 400 million people found themselves in the transition from state socialism and central planning to liberal democracy (in most cases) and free markets. Residents'' evaluations of the transition are sharply divided, echoing the contradictory images presented by different social science disciplines. Taking Stock of the Shock presents an interdisciplinary view of the transition process. Kristen Ghodsee and Mitchell A. Orenstein blend the empirical data with lived experiences to produce a robust picture of who has won and who has lost in the post-socialist system, contextualizing the rise of populism in Eastern Europe.
      Kristen Ghodsee and Mitchell A. Orenstein blend empirical data with lived experiences to produce a robust picture of who won and who lost in post-communist transition, contextualizing the rise of populism in Eastern Europe. After the fall of the Berlin Wall in 1989, more than 400 million people suddenly found themselves in a new reality, a dramatic transition from state socialist and centrally planned workers'' states to liberal democracy (in most cases) and free markets. Thirty years later, postsocialist citizens remain sharply divided on the legacies of transition. Was it a success that produced great progress after a short recession, or a socio-economic catastrophe foisted on the East by Western capitalists? Taking Stock of Shock aims to uncover the truth using a unique, interdisciplinary investigation into the social consequences of transition—including the rise of authoritarian populism and xenophobia. Showing that economic, demographic, sociological, political scientific, and ethnographic research produce contradictory results based on different disciplinary methods and data, Kristen Ghodsee and Mitchell Orenstein triangulate the results. They find that both the J-curve model, which anticipates sustained growth after a sharp downturn, and the "disaster capitalism" perspective, which posits that neoliberalism led to devastating outcomes, have significant basis in fact. While substantial percentages of the populations across a variety of postsocialist countries enjoyed remarkable success, prosperity, and progress, many others suffered an unprecedented socio-economic catastrophe. Ghodsee and Orenstein conclude that the promise of transition still remains elusive for many and offer policy ideas for overcoming negative social and political consequences.
      Imprint Name:Oxford University Press Inc
      Publisher Name:Oxford University Press Inc
      Country of Publication:GB
      Publishing Date:2021-09-29

      Additional information

      Weight428 g
      Dimensions231 × 321 × 20 mm