Communist Party of the Soviet Union along with the institution of free multiparty elections led to a decline in the party's power, and after the dissolution of the Soviet Union, the banning of the party by later last RSFSR President Boris Yeltsin and subsequent first President of an evolving democratic and free market economy of the successor Russian Federation. A number of causes contributed to CPSU's loss of control and the dissolution of the Soviet Union during the early 1990s. Some historians have written that Gorbachev's policy of "glasnost" (political openness) was the root cause, noting that it weakened the party's control over society. Gorbachev maintained
Mikhail Gorbachev of reform was to prop up the centrally planned economy—not to transition to market socialism. Speaking in late summer 1985 to the secretaries for economic affairs of the central committees of the East European communist parties, Gorbachev said: "Many of you see the solution to your problems in resorting to market mechanisms in place of direct planning. Some of you look at the market as a lifesaver for your economies. But, comrades, you should not think about lifesavers but about the ship, and the ship is socialism." Gorbachev initiated his new policy of "perestroika" (literally "restructuring" in Russian) and its