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LancesArmorStriking
VisualPolitik EN
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Comments by "LancesArmorStriking" (@LancesArmorStriking) on "Why has CAPITALISM failed in RUSSIA? - VisualPolitik EN" video.
That has no zero bearing on the economic situation. Hell, China and Saudi Arabia are far, far more dictatorial than Russia, and their economies are faring much better. What is needed is a leader who will guide the country to better economic conditions, by encouraging the growth of domestic businesses. How, for instance, do you think the US was able to grow so quickly and quickly establish businesses even as it was in an isolationist period (from its founding all the way until 1914)? The reforms of the 1990s failed because the governance was not strong, and the transition was rapid and violent. Whether democratic or not has no effect. You can have an authoritarian government that respects private enterprise.
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@kelvinekline5950 Still, most American products are designed in America, same with Japan and South Korea. Russia does not have any companies that are wealthy enough to expand into other markets
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He forgot to say that the US government played a large part in the rise of the oligarchs. The "shock therapy" approach in the 1990s was advocated by Harvard economists working with the Treasury, and both George Bush and Bill Clinton supported their work.
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@zhcultivator Russia tried. Look up "Russia shock therapy", you will be surprised to learn that it is the us' fault Russia is this way
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