[Marxism] The USSR collapsed because oil prices collapsed?
lnp3 at panix.com
Wed Nov 1 07:11:12 MDT 2017
Reading Keith Gessen's review of a new biography of Gorbachev in The
this struck my eye:
"The Soviet Union could well have muddled along this way indefinitely.
But three things happened. The first was external: After 70 years of
trying to catch up with and overtake the West, the Soviet Union started
to fall behind, a trend exacerbated by the cratering of oil prices in
In other words, the same thing happening now in Venezuela.
A minute's search on Google turned up this article:
What Really Killed Soviet Union? Oil Shock?
Red Empire just ran out of fuel, say growing number of experts.
By Andrew Nikiforuk, 13 Mar 2013, TheTyee.ca
Larry Hagman, the late U.S. actor that played the bombastic oilman JR
Ewing, often quipped that the TV soap opera Dallas brought down the
mighty Soviet Union.
"The opulence, the consumerism, the food, the cars -- these things made
them want more than their governments provided them," claimed Hagman.
Academics, who had not foreseen or predicted the Soviet Union's rapid
meltdown, now argue that the Reagan Doctrine probably forced the
empire's demise. According to this theory, Moscow's inefficient
centrally planned state just couldn't keep pace with U.S. military
spending and went bankrupt.
But that's not how Doug Reynolds and an increasing number of analysts
now view the Soviet collapse. The 52-year-old U.S. economist, who taught
energy economics in the Republic of Kazakhstan during the fall, says the
Red Empire just ran out of fuel.
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