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> Even Russia did kind of ok. That may be true from 10 thousand miles away. Upon closer inspection, there's a huge difference in current wealth and standard of
by p0ints 9y ago
> Even Russia did kind of ok.
That may be true from 10 thousand miles away. Upon closer inspection, there's a huge difference in current wealth and standard of living between Russia and say Finland, while 100 years ago they were roughly the same. Not to mention the unimaginable wealth of natural resources that Russia has, which, under proper political and economic policies, could make it into a Norway-like paradise.
- 127 9y agoAnd if you put the starting point of your charts to the end of communism, you will see a radical growth in the average wages and the quality of life of citizens.
- yostrovs 9y agoFinland was part of Russia 100 years ago, which led to another experiment comparing systems for the next 70 years. The results are always the same.
- fulafel 9y agoVery different from slavic Russia back then though, having previously changed hands from swedish to russian empire.
- deleted 9y ago[deleted]
- crdoconnor 9y ago>Not to mention the unimaginable wealth of natural resources that Russia has, which, under proper political and economic policies, could make it into a Norway-like paradise. Norway wasn't "made into a paradise" by its natural resources, it was just lucky to be the sole exception unafflicted by the resource curse: https://en.wikipedia.org/wiki/Resource_curse https://en.wikipedia.org/wiki/Resource_curse