All the Eastern Bloc states have similar curves. Not just a "temporary hiccup" in the adjustment from socialism to capitalism. The ones who were able to more quickly and seamlessly integrate into the imperial core (i.e. the Baltic states) saw a shallower curve than the states that were excluded from that but still had the wonders of capitalism forced on them (Russia, Ukraine), but they all experienced it.
I feel this is an important counterpoint to westerners who talk about how communism "has always failed when attempted". Like, people in the USSR had a certain standard of living under communism. It took capitalism like 2 decades just to get to where things were under communism in Russia proper just from a national GDP perspective (I suspect, given income inequality, a working class Russian today is still worse off than they were in 1990). And in Ukraine, things have never recovered even from this angle. How is this not an obvious failure of capitalism?
This reminds me of a bunch of stuff that I had to read in college. Sure, quasi socialist economies all over Latin America were improving quality of life, but does that really count for anything if there isn't competition with international private capital?
All the Eastern Bloc states have similar curves. Not just a "temporary hiccup" in the adjustment from socialism to capitalism. The ones who were able to more quickly and seamlessly integrate into the imperial core (i.e. the Baltic states) saw a shallower curve than the states that were excluded from that but still had the wonders of capitalism forced on them (Russia, Ukraine), but they all experienced it.
I feel this is an important counterpoint to westerners who talk about how communism "has always failed when attempted". Like, people in the USSR had a certain standard of living under communism. It took capitalism like 2 decades just to get to where things were under communism in Russia proper just from a national GDP perspective (I suspect, given income inequality, a working class Russian today is still worse off than they were in 1990). And in Ukraine, things have never recovered even from this angle. How is this not an obvious failure of capitalism?
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:maybe-later-kiddo: : Look, we're becoming capitalists and you'll all need to toughen up, buckos!
Ukrainian Coal Miners: :kitty-cri:
This reminds me of a bunch of stuff that I had to read in college. Sure, quasi socialist economies all over Latin America were improving quality of life, but does that really count for anything if there isn't competition with international private capital?
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China got all the Western fast food with none of the neoliberal strip-mining :deng-cowboy:
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