I wanted to do a longer post on the fall of the USSR, and that will appear here at some point, but I wanted to do a quick post now with some minor points.
First, a chart of the fall, measured from peak GDP,
That’s 13 years to recover. Some communists take this to mean.. ahá! This proves that communism works, as GDPpc falled badly when the transition to capitalism happened. Here’s the chart for the years prior to the fall:
So communism was zooming along, then a transition to capitalism happened, and it took quite a few years to recover.
There’s a catch, however. Those two charts are for Nazi Germany at the end of World War II. :-). You just accepted the superiority of Nazism. Oops.
Here there is a comparison between Chile (just after Pinochet), Spain (just after the Civil War), Germany (just after the end of…
View original post 173 more words
Utopia, you are standing in it! 
Recent Comments