"OK, Socialist then. Or do you have another term to describe its economic system?"I don't believe it quaifies either as "communist", because of the absense of Marxist-oriented totalitarian state (Putin's authoritarianism still does not equate even to the most lenient era of Soviet totalitarism, as anyone who had lived in the actual USSR can attest.) I do not believe it falls under "socialism" either, as many West European liberal democracies do - also because the "social welfare" does not exist in the Russian Federation nearly to the levels it existed in USSR. For instance, any decent healthcare infrastructure exists only in the major cities (Moscow and St. Petersburg most prominently) and even then any decent health care is only accessible to those who can afford it. That is not very socialist, is it? As the matter of fact, anywhere outside Moscow and other major population centers the medical and other social infrastucture has SEVERELY DECLINED since the USSR's fall. I would call the current form of Russian government a "State Inc." more than anything else.
Hah-hah! "State, Inc." -- I like it!