POL101Y1 Lecture Notes - Lecture 14: Productive Forces, Workforce Productivity, Barter

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The transition itself started with a very clear set of assumptions by the leadership of the country that any political transition had to be either preconditions/co-conditioned with a major transformation of the economic structure of the country. The assumption is that there is a very clear linkage (causal) between the type of economic regime and the type of political regime that exists in most countries. Socialism is inconsistent with the construction of a democracy, especially the type of socialism that existed in the soviet. What is required for modernization/democratization is the emergence of a capitalist regime. The soviet union had an economy that was inconsistent with democracy. The argument was that along with the establishment of democracy, the old economic regime had to be dismantled. Economic and political power had to be separated. Need for a legal framework that would guarantee private rights, etc .

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