This book presents an analysis of classical Russian Populism shown as an ideological structure within which many positions were possible. Walicki studies the confrontation of Populism and Marxism: changing attitudes toward Marxism in the Populist milieu and the controversy between Populists and Marxists over the future of Russia.<i>The Controversy over Capitalism</i> available here in paper for the first time reinterprets the ideology of Russian Populism. Andrzej Walicki argues that Populism is a reaction to the development of capitalism in Russia and a response to the capitalist economy and socialist ideologies of the West.