Scott interviews former reporter Anne Williamson about the flawed privatization of Russia after the fall of the USSR. While privatization had mixed success across the former Soviet Bloc, Russia ran into problems immediately with a poor definition of property rights. Williamson explains how this was not a mistake but was designed by American economists and businessmen who wanted to hold Russia down while enriching themselves. Williamson connects the dots to show how those policies led, in part, to the rise of Putin and the tension between the West and Russia today. Discussed on the show:...
2/18/22 Anne Williamson on How the US Sabotaged Russia’s Economy after the Fall of the Soviet Union
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