Meltdown: Inside the Soviet Economy

Meltdown: Inside the Soviet Economy
ISBN-10
1937184188
ISBN-13
9781937184186
Series
Meltdown
Category
Political Science
Pages
280
Language
English
Published
1990-09-01
Publisher
Cato Institute
Authors
Paul Craig Roberts, Katharine LaFollette

Description

This book describes the irrational life of Soviet producers, the monstrous deprivation of Soviet consumers, and the ideological origins of the Soviet economy that have resulted in a system unable to bear the weight of being a superpower. The authors spell out the challenges that Gorbachev and his successors face. The penultimate chapter deals with the privatization of the Soviet economy. In the last chapter they document the failure of Western experts and pundits to create a true picture of the Soviet system.

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