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9781107459076

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Advance praise: 'This book takes on a big topic - the origins of property rights, which are widely held to be fundamental to economic growth. Theoretically, Markus departs from the existing literature in emphasizing the threat to property rights posed by agents of the sovereign rather than the sovereign himself. Empirically, he paints a vivid picture of piranha capitalism in postcommunist Russia and Ukraine, with much that will be new even to seasoned observers of the postcommunist region.' Scott Gehlbach, University of Wisconsin, Madison

'This book takes on a big topic - the origins of property rights, which are widely held to be fundamental to economic growth. Theoretically, Markus departs from the existing literature in emphasizing the threat to property rights posed by agents of the sovereign rather than the sovereign himself. Empirically, he paints a vivid picture of piranha capitalism in postcommunist Russia and Ukraine, with much that will be new even to seasoned observers of the postcommunist region.' Scott Gehlbach, University of Wisconsin, Madison 'Brilliantly mobilizing evidence from Russia and Ukraine, Stanislav Markus forces us to fundamentally revise how we think of property rights security in weak states. Documenting that one of the greatest threats to property rights in such states tends to be piranha-like lower-level officials acting on their own, this book shows that firms can protect themselves through strategically arranged stakeholder alliances with other powerful actors, including foreign firms, and that this can constitute a previously unrecognized path toward the rule of law. Property, Predation, and Protection is an outstanding example of new theory developed through deep research into how politics actually works outside the developed West.' Henry Hale, George Washington University, Washington DC 'Property, Predation, and Protection assesses the political circumstances under which property rights in emerging markets become more or less secure. As a perennial research question in comparative political economy, one might expect that fresh insights would be hard to come by. Yet Stanislav Markus has defied the odds by producing a truly groundbreaking book. When asked 'what has the study of postcommunist countries contributed to theory building in comparative politics?', scholars should now include Markus's theory of property rights and agent predation as an outstanding example.' Juliet Johnson, McGill University, Montreal 'Stanislav Markus's book rigorously dissects the problem of securing property rights in postcommunist states. Markus develops a theoretical framework for classifying the types of vulnerability to state predation faced by firms, and relates these to the difficulty that rulers of weak states face in restraining their own bureaucratic agents. He grounds his analysis in carefully researched case studies of Russia and Ukraine. The result is a masterful contribution to the theory of property rights and its application in the post-Soviet region.' Thomas Remington, Emory University, Atlanta '... the author's arguments ... address important issues and do so in a way that demands attention. I thoroughly recommend the book to anyone interested in business-state relations in transition societies.' Stephen Fortescue, Slavic Review

Author Information

Stanislav Markus is an Assistant Professor of Political Science at the University of Chicago. His research has been published in World Politics, Socio-Economic Review, and Polity. He is the winner of the 2014 Gregory Luebbert Article Award for the best article in comparative politics awarded by the American Political Science Association. Professor Markus received the Academy Scholar award from the Harvard Academy for International and Area Studies, 2008–9 and 2011–12. He holds a PhD in government from Harvard University, Massachusetts.

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