Why is Nomenklaturocracy doomed? It’s the economy, stupid!
When writing the early papers on Nomenklaturocracy I’ve used just a few, mostly qualitative examples, which may not have been sufficient to illustrate in clear and precise terms the points to be made. Hence the attempt here to shed more light on the matter, and that supplemented with some relevant number.
Ivan Daraktchiev explains his view on the so-called Nomenklaturocracy, which is the bureaucratic class of the state-capitalist (former “socialist”) and oligarchic societies. The full paper is downloadable from the link: The Economics Background of Nomenklaturocracy’s Failures.