Bulgarian Capitalisms

cris.sourceIdoai:journals.unwe.bg:article/737
dc.creatorProdanov, Vasilen
dc.date2014-12-18
dc.date.accessioned2026-09-24T23:15:15Z
dc.date.available2026-09-24T23:15:15Z
dc.descriptionThe subject of this study are the two main stages of the Bulgarian capitalisms from the Liberation to the present day - 66 years of the first Bulgarian capitalism between 1878 and 1944. There are 45 years of interruption and then came the second Bulgarian capitalism during the next 25 years.At the beginning of the study the main characteristics of the first Bulgarian capitalism are reconstructed. This capitalism occurred in a backward country, a periphery of the Western capitalism. The scarcity of resources and the delayed development, and also the geopolitical situation of the battle for hegemony of the Great Forces in two world wars defined its peculiarities, and ultimately his inability to realize its modernization tasks.The discourse of “transition to democracy and market economy” acquired a hegemonic status after the end of the state socialism. However behind this discourse a reality of economic, political and ideological restoration of capitalism is hidden. The first Bulgarian capitalism, especially after 1934, is based on a strong government while the second Bulgarian capitalism is born in a time of a global neoliberal wave and largely destroyed the country and dramatically reduces the effectiveness of institutions.There are three main characteristics of the second Bulgarian capitalism, analyzed in this study – they are connected with comprador elites, kleptocracy, peripheral development. This leads to its strong destructiveness, which specifically is analyzed in this study.en
dc.formatapplication/pdf
dc.identifierhttps://rp.unwe.bg/index.php/rp/article/view/737
dc.identifier10.37075/RP.2014.3.01
dc.identifier.urihttps://ds.e-dnrs.org/handle/123456789/1778
dc.languagebg
dc.publisherAcademic Publishing UNWE (AP-UNWE)en
dc.relationhttps://rp.unwe.bg/index.php/rp/article/view/737/729
dc.rightsCopyright (c) 2014 Vasil Prodanov (Author)en
dc.rightshttps://creativecommons.org/licenses/by/4.0en
dc.sourceResearch Papers of UNWE; No. 3 (2014); 9-63en
dc.subjectFirst capitalismen
dc.subjectSecond capitalismen
dc.subjectRestorationen
dc.subjectCompradorsen
dc.subjectKleptocracyen
dc.subjectPeripheral developmenten
dc.subjectLate developmenten
dc.subjectTransition to democracyen
dc.subjectSources of accumulationen
dc.subjectA13 - Relation of Economics to Social Valuesen
dc.subjectD63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurementen
dc.subjectE6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlooken
dc.subjectI30 - Generalen
dc.subjectO11 - Macroeconomic Analyses of Economic Developmenten
dc.subjectP5 - Comparative Economic Systemsen
dc.subjectP51 - Comparative Analysis of Economic Systemsen
dc.titleBulgarian Capitalismsen
dc.typePeer-reviewed Articleen

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