THE ARTICLE is a written version of the exposition done by the autor in 2003, in a Round Table organized within the symposium Whiter Russia?, that takes place annually under the auspices of the Moscow School of Social and Economic Studies. In the article she disputes with Vladimir Mau, a political scientist, now Rector of the referred School, about the results of the Russian systemic transformation of the 90's and suggests, on the basis of these results, a different path for the future development of the country.