The Role of Kuzbass in the New Strategy of Socio-Economic Development of Russia in the Fourth System Cycle of Capitalist Accumulation: the World-System Analysis

Department of Economics, Institute of Economics and Management, T.F. Gorbachev Kuzbass State Technical University, 28 Vesennyaya Street, 650000 Kemerovo, Russia

^* Corresponding author: onv.eti@kuzstu.ru

Abstract

The aim of the research is to develop the conceptual foundations of the strategy of socio-economic development for mining region (on the example of Kuzbass) under the conditions of the fourth systemic cycle of capitalist accumulation. The relevance of the issue is determined by the need to eliminate the growing lag of Russia behind the world economy leaders, which is impossible without a new vision of the role of resourceproducing regions in the national economic system. Integration of Russia into the capitalist world-system on the basis of the Washington Consensus has formed in it a raw-materials export model in which its natural resources serve the accelerated economic growth of the competing countries. The accumulation of individual capitals dominates the social capital accumulation, which leads to a reduction in Russia's share in world GDP and population. This article presents the conceptual foundations of the Kuzbass development strategy in accordance with the new conditions for the Russian economy performance in the fourth systemic cycle of capitalist accumulation.