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The collapse of communism opened up significant opportunities for wealth accumulation, but this mostly benefited younger people who were ambitious and willing t
by jondubois 8y ago
The collapse of communism opened up significant opportunities for wealth accumulation, but this mostly benefited younger people who were ambitious and willing to bend the rules.
- antisthenes 8y agoThere is very little wealth accumulation happening in CIS countries post-collapse for the vast majority of people. The wealthy young are usually just children of wealthy adults, of whom there aren't many. There was a marginal uptrend in happiness and prosperity in the 2004-2008 era, when oil prices were high (for countries that had oil production), but mostly, inequality has been skyrocketing and salaries have been flat for a decade now if not more. Some countries have never really climbed out of poverty after the collapse of communism (Ukraine, Moldova, Tajikistan, etc.)
- sedachv 8y ago> ambitious and willing to bend the rules. Please don't call organized crime a "willingness to bend the rules."