3 ms·

Your second link refers to poverty being reduced after the fall of communism, when former Soviet states instituted capitalist reforms.

• throwaway4good 4y ago
  There was a massive drop in living standards in the former Soviet Union after the introduction of capitalism in the 90es. Average life expectancy dropped something like 10 years, corresponding to millions of dead.
  • kurisufag 4y ago
    >There was a massive drop in living standards that tends to happen when the government runs resources down to near-zero, forcing the new system to start from scratch. had the conversion occurred earlier, when the USSR was still a reasonably successful state, I suspect it would have gone nicer.
  • snovv_crash 4y ago
    It also coincided with massive increase in the supply of available alcohol.
  • wiseowise 4y ago
    And that’s an issue of capitalism, not impotent economy that has been drained by decades of poor planned economy of communism?