“Ghodsee and Orenstein have written a provocative book. Drawing on an impressive array of economic, demographic, public opinion, and ethnographic data, they critically analyze the emergence of stark inequalities that have generated tremendous hardships for many and enormous benefits for some.”

— Gail Kligman, Distinguished Professor of Sociology, UCLA

“From a starting point of cacophony, where different disciplines and data seem to depict the post-Soviet transition as either a grand success or an absolute failure, Ghodsee and Orenstein seam together a convincing narrative where both achievements and disappointments can coexist. The book’s focus on widening inequality allows reconciling these opposing views and providing crucial insights not only for scholars of transition countries but also for observers and policymakers in other regions”

— Maurizio Bussolo, Lead Economist, World Bank

Kristen Ghodsee and Mitchell A. Orenstein


Examines 27 countries over the last 30 years of transition in the post-socialist world

Gives a bird's eye view of why narratives of the transition process differ so greatly among scholars from different disciplines

Draws from political science and ethnography to put forth an in-depth, interdisciplinary understanding of Eastern Europe

Exposes the positive and negative impacts of the post-1989 period on the lives of all former socialist citizens, not just the so-called "winners"

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Foreign Policy Research Institute

Taking Stock of Shock: Social Consequences of the 1989 Revolutions

June 7, 2021

 

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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 A. 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.

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