So if not Western-style, free-market capitalism, exactly what economic model is Russia embracing?
Since then, the Government has been pursuing Western-style capitalism and preaching democratic reform, bringing a profound change to economic circles.
Western-style capitalism is coming, raising tensions and eyebrows, upsetting plans and a way of life.
Some people say China is not really moving toward Western-style capitalism because the capital still belongs to state-owned banks that assign it for noneconomic reasons.
One model is Western-style capitalism that couples political democracy with free markets.
And the future will incorporate elements of Western-style capitalism, adopted step by step along with grudging political decentralization.
Strong campaigns in the third world against international corporations, big banks and other symbols of Western-style capitalism have already led to mock trials.
With the exception of those living in the Baltic states, "there is nobody alive with any feel for Western-style capitalism."
Even as leaders are embracing Western-style capitalism, political change is happening only in tiny steps.
Advocates of radical change seized on the rapid deterioration of the economy to press the case for a quick and total transition to Western-style capitalism.