RUSSIA’S 1990s PRIVATIZATION NIGHTMARE | Winter Latina Show | Ep. 7

Russia's rapid transition from a state-controlled, command economy within the USSR to neoliberal capitalism of the 1990s with the help of Western advisers was a bona fide nightmare for the general population. At the same time, a small number of oligarchs got rich quickly and often criminally, while Western companies profited. How did it all happen?

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The article we discussed: "Harvard Boys Do Russia," The Nation, 1998: https://www.thenation.com/article/world/harvard-boys-do-russia/