Earlier quoted context omitted.
> There was no "Marshall Plan" after the Cold War l There was such a plan, at least in the twisted minds of the people behind the Washington Consensus. They were calling it privatization or price liberalization or some other non-sense like that, thing is the common people got the very, very short stick (like my parents, who lost their jobs, their city apartment and who had to resort to literally subsistence agricultu…
The transition to a market economy went very well for most of the former Soviet Republics except Russia. https://economistwritingeveryday.com/2022/03/16/the-transiti... A lot of Russia's issues stem from the way the government sold off their state owned corporations, which created artificial monopoly/oligopoly owners overnight — often insiders/cronies to begin with. This can be contrasted with traditional market econ…
I don't know what you call it when a country loses 10% of it's population, like Ukraine did, but decimation is the dictionary definition.