@mrjonno it all went all went wrong when Gorbachev decided to abandon communism and adapt western liberal policies. I personally lived through all that and saw the horrors of these policies with my own eyes.
This is also a good read on how USSR could've taken an alternative path similar to China instead doing shock privatization
https://www.noemamag.com/how-china-avoided-soviet-style-collapse/
@yogthos
I thought you were going to say Gorbachev. Taken a look at the article and doesn't wash at all.
Apparently Communists still talk in terms of GDP and 'Growth'? π
The very problem with neoliberalism.
Consider China's huge debt to be serviced - half of economic output. Consider that China became the world's sweatshop due to 'off-shoring' and with other Eastern economies who had investment pulled after '87 crash invested in their own.
Consider human rights and democracy...
I can go on...