According to Sunders, the strategy developed to "globalize" Russia was known as "shock therapy." And its implementation began with the January 1, 1992 elimination of price controls on most goods. The objective of "shock therapy" was, in essence, to create a market economy in Russia as quickly as possible. Sunders claim that this was to be achieved by freeing prices and liberalizing trade policies, which would stimulate competition; and by privatization, which would create private property with all its attendant behavioral incentives for enterprises. At the same time, it was essential to make the ruble convertible and ensure that its value remained relatively stable. This meant controlling inflation and, therefore, keeping tight control of currency emissions and government spending.
Consequently, Saunders appreciates that successful economic reform was to create a new middle class that would become a powerful political constituency favoring the consolidation of economic and political reform in Russia. As Anthony Lake suggested, this would serve larger American interests by promoting peace between Russia and other democracies and, therefore, enhance American security.
Russian Perspectives
Anton Steen's work which was funded by the Norwegian Research Council as part of a bigger project on elites and democracy in Russia, involved 980 interviews with members from regional, cultural, political, business and spiritual elites. Between 1998 and 2000, the statistics on attitudes, including trust and confidence revealed a major shift in attitudes. In 1998, 'only 28% of the elite overall; and 17% of the regional elite wanted a greater centralization of power' (112) but by 2000 this had almost inexplicably leapt to 54% overall. By 2000, 75% of the elite supported Putin compared to just 33% that had supported Yeltsin who had enjoyed just 13% support amongst Duma deputies. Slade declares that this was shown by the Federation Council's (FC) attempts to impeach Yeltsin in 1999. Besides, the 1998 Presidential Administration (PA) was given the least confidence by respondents in Steen's study.
Hoffman declares that Steen's research affirms that 'the orientations at the elite level are reflected in mass attitudes thus, indicating that there has been a deep distrust of institutions across the whole spectrum of elite groups in Russia. In 1998, the Russian people also held the PA and President himself at a very low level of trust, only 9% trusted Yeltsin' (147). It was also established that as much as 20% of the population was fiercely opposed to national government'. In addition, support for the PA and President jumped by 2000. Moreover, Sakwa claims that "the first three years of Putin's reign saw his approval ratings stay between 65-73%, with 60% of Russians believing that Putin puts Russia first; and only 28% believing that Putin is more worried about his own image" (70).
Therefore, Hoffman claims that the rejection of revolution and change by Russians shows that Putin was effectively trying to establish a discourse focused on unity and stability knowing that the binary oppositions of politics during the Yeltsin era had created a situation where the state was unable "to muster a critical mass of leaders who articulate[d] one or another political discourse that resonate[d] in political society." (198). Putin was establishing autonomy by going beyond the already given political visions in order to address the rifts of political society, to 'assuage the more liberal communists and traditional nationalists and pre-empt the extremist Red-Brown ideologues….to heal or pacify the whole nation.'(134). Putin wants to establish a national interest and deny 'the abyss between elite and mass interests and ideologies, the amorality of the new elites and the alienation of urban and rural masses.'(138). Hoffman further suggests that the idea of a 'national interest' was 'virtually inoperable' in 1998, and it is with this in mind that we can understand Putin's purpose in bringing in a new Russian idea below:
The Russian Idea
In Putin's Vital Speeches of the Day 66/8 in 2000 that was (and is) dubbed the 'Millennium's Manifesto', he gave his new Russian idea below:
Another foothold for the unity of Russian society is what can be called the traditional values of Russians. These values are clearly seen today.
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