- cross-posted to:
- geopolitics@lemmygrad.ml
- cross-posted to:
- geopolitics@lemmygrad.ml
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Of course the article has to put a big anti-communist cartoon at the top, because pea-brained chuds still think the Bolsheviks are in power and Putin is some sort of Stalin 2.
You gotta love when articles that decry the dangers of believing nonsense you want to believe write stuff like this:
Third, the Soviet Union was bankrupt, running trade deficits and borrowing money abroad. In contrast, despite the pressure of Western sanctions, Russia ran a $50 billion trade surplus last year. The Soviet planned economy was rigid and value-destroying, a sinkhole of state subsidies. Unlike the Soviet Union, Russia has a dynamic capitalist economy, well integrated into the global economy, and one whose entrepreneurs have been adept at evading Western sanctions.
This is hilarious, considering that the USSR which had a supposedly-awful economic system was a superpower that rivalled the worst genocidal empire in the world, while contemporary Russia is not only obviously much weaker internationally, it also can't provide as good of a quality of life as the USSR.
The USSR's economy only really became 'bad' under Gorbachev, who began the privatisation of the economy. It makes me angry and sad to think that there are people who consider coop-based economies to be a good replacement for planned economies when all that does is bring back some of the evils of capitalism and hurts the working class as a whole.
Also, another point when the leadership of the USSR hurt its economy was during the reforms of Kosygin and Liberman (the surname is, unfortunately, rather appropriate), when the USSR tried to introduce elements of capitalism into its economy, to shift the burden of planning onto the more local factory managers. This led to such consequences as the unwillingness of those managers to pay for technological modernisation of their factories on the grounds that it would have hurt the profits of their companies for a while.
The Soviet planned economy was rigid and value-destroying, a sinkhole of state subsidies. Unlike the Soviet Union, Russia has a dynamic capitalist economy, well integrated into the global economy
Lol. Lmao.
Historical revisionism of anglo-american economists, who are always neoliberal. for these busted people, even developmentalists or keynesians are "heterodox"
