- Jan 3, 2016
- Reaction score
Geoffry Sachs was one of our top economists, sent to advise the Russians on how to make the transition in 1992 or so. (My then-wife, also an economist, was also there and knows him -- she's a Russian speaker and edited something called, in Russian, The Economic and Social Newsletter. We both lived there for a few months in 1985, in Kharkov, Ukraine. She was a Fulbright Exchange Scholar.)So .. our goal should be to nurture the Cuban Gorbachev. Behind the scenes, offer the the Polish Deal, not what we did to the Russians in the 90s.
What was the Polish Deal?
Anyway, the short summary is: a country going from socialism to capitalism -- where previously-subsidized goods are suddenly subject to market prices -- is going to have a hell of a time for a while. [There are some books on this I can recommend if you (or anyone else) is interested. ]
So, it was in our interests to support, financially in varous ways, such countries. We did for Poland. But our rulers had other plans for Russia, which they did not want to see emerge as another, this time capitalist, rival on the world stage ... or so some think.
Sach's whole article is well worth reading, especially the graphs showing the difference between what happened in Poland, and what happened in Russia. (Sachs is a liberal, Counterpunch is a hate-Amerikkka leftwing radical publication. I suppose he couldn't get published in a more centrist site.)
[ The First US Onslaught to “Weaken” Post-Cold War Russia. ]