One of the principle contradictions of capitalism is that any capitalist who thinks of heading off long-term problems gets replaced by one who can juice up the numbers in the immediate future. Who cares about sustaining a great position when you can make a shitload of money next quarter?
Never would’ve happened. Western capital saw the vast natural wealth of the Soviet bloc the way a starving wolf sees a steak, and were never going to allow the new Russian bourgeoisie to join the West as equals. When it became clear that Russia wasn’t going to sell itself out to foreign capital, the West responded by violating every agreement they’d made with Yeltsin to bring about the end of the USSR and isolating them.
If they integrated Russia into NATO/EU in the 90s instead of stripping it for parts, it would have been the end of history for at least a generation.
One of the principle contradictions of capitalism is that any capitalist who thinks of heading off long-term problems gets replaced by one who can juice up the numbers in the immediate future. Who cares about sustaining a great position when you can make a shitload of money next quarter?
Never would’ve happened. Western capital saw the vast natural wealth of the Soviet bloc the way a starving wolf sees a steak, and were never going to allow the new Russian bourgeoisie to join the West as equals. When it became clear that Russia wasn’t going to sell itself out to foreign capital, the West responded by violating every agreement they’d made with Yeltsin to bring about the end of the USSR and isolating them.