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Socialism works for China.John Ross says that 30 years ago Russia had the same sized economy as China, and he tried to tell the Russians back then to copy the Chinese model, but the Russians thought that they could be as rich as the Americans within a year if they listened to the US neoliberal economists, and some even thought they could turn the economy around within weeks. Now the majority of Russians regret what happened, including Putin. [embedded content]
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Socialism works for China.Socialism works for China.John Ross says that 30 years ago Russia had the same sized economy as China, and he tried to tell the Russians back then to copy the Chinese model, but the Russians thought that they could be as rich as the Americans within a year if they listened to the US neoliberal economists, and some even thought they could turn the economy around within weeks. Now the majority of Russians regret what happened, including Putin. [embedded content]
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Mike Norman considers the following as important:
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John Ross says that 30 years ago Russia had the same sized economy as China, and he tried to tell the Russians back then to copy the Chinese model, but the Russians thought that they could be as rich as the Americans within a year if they listened to the US neoliberal economists, and some even thought they could turn the economy around within weeks. Now the majority of Russians regret what happened, including Putin.