Liberalism and Great Upheaval: What Did Classical Liberals Do in the Tsarist Russia?

Bunyk, M., and L., Krasnozhon. 2019. “Liberalism and Great Upheaval: What Did Classical Liberals Do in the Tsarist Russia?” Constitutional Political Economy, 30: 96-113.

26 Pages Posted: 25 Sep 2020

See all articles by Leo Krasnozhon

Leo Krasnozhon

Loyola University New Orleans

Mykola Bunyk

affiliation not provided to SSRN

Date Written: 2019

Abstract

Efficient constitutional change depends on ability of bargaining parties to overcome such inherent problems of political change as commitment and credibility (Galiani, Torrens, and Yanguas, 2014; Congleton, 2011; Boettke and Coyne, 2009). This paper studies how constitutional bargaining leads to a negative sum-game in a transitional illiberal environment. We use a historical example of the Russian constitutional monarchy (1905-1917) to demonstrate that an exchange-based constitutional change within the king-council model leads to an inefficient outcome when bargaining parties fail to trade political authority for policy results. The historical example of the Russian constitutional monarchy shows how both radicalization of the liberal parliamentary majority and pseudo-constitutionalism of Nicholas II undermined efficiency of the legislative assembly. We also find that nationality-based politics undermined the constitutional bargaining by radicalizing both the liberal movement and the tsar.

Keywords: Liberalism, Constitutional Monarchy, Russia, Nicholas II, Ukraine

JEL Classification: B13, B15, B31, B53

Suggested Citation

Krasnozhon, Leonid and Bunyk, Mykola, Liberalism and Great Upheaval: What Did Classical Liberals Do in the Tsarist Russia? (2019). Bunyk, M., and L., Krasnozhon. 2019. “Liberalism and Great Upheaval: What Did Classical Liberals Do in the Tsarist Russia?” Constitutional Political Economy, 30: 96-113., Available at SSRN: https://ssrn.com/abstract=3670944 or http://dx.doi.org/10.2139/ssrn.3670944

Leonid Krasnozhon (Contact Author)

Loyola University New Orleans ( email )

6363 St. Charles Avenue
New Orleans, LA 70118
United States

HOME PAGE: http://sites.google.com/site/leonidkrasnozhon/

Mykola Bunyk

affiliation not provided to SSRN

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