I thought this was a generally good overview. TLDR is that mass privatization was the key driver of the collapse, and this was the key difference between what USSR and China. Soviet leadership ended up buying into western bullshit economics model while China did not. However, even this could’ve been reversed if the military didn’t allow Yeltsin’s coup to go on.
I thought this was a generally good overview. TLDR is that mass privatization was the key driver of the collapse, and this was the key difference between what USSR and China. Soviet leadership ended up buying into western bullshit economics model while China did not. However, even this could’ve been reversed if the military didn’t allow Yeltsin’s coup to go on.