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It is commonly accepted that, after 70 years of Communist dictatorship, Russia's 1990s transition was inevitably going to be a massive train wreck. This is yet another convenient misconception that western intellectuals like to embrace. The foregoing article seeks to dispel this notion and set the historical record straight. It is an excerpt from Chapter 3 of my book, Grand Deception: the Truth About Bill Browder, the Magnitsky Act, and Anti-Russia Sanctions. The book's previous incarnation was banned last summer.
This is the last in a six-part series on Russia's 1990s transition from communism to capitalism. Links to previous posts: introduction, part 1, part 2, part 3, part 4 and part 5.
"Americans, who thought their money was helping a stricken land, have been dishonored; and the Russian people who trusted us are now in debt twice what they were in 1991 and rightly feel themselves betrayed."Was there a better way for Russia to move from communism to capitalism? Was her traumatic experience under the Yeltsin regime inevitable, or was the pain intentionally inflicted? To this day many intellectuals in the West maintain that the transition could not have gone otherwise, arguing that Russia had emerged from 70 years of communist rule with a state-controlled economy, with private property outlawed and a nonexistent culture of entrepreneurship. The shift between two drastically different economic systems together with the most complex privatization project ever undertaken could never have gone smoothly. The Russians themselves are usually assumed to have been ignorant about the workings of free markets and unprepared for the transition's challenges. However, this is simply not true.
ยฌ Reporter Anne Williamson before the Committee on Banking and Financial Services of the U.S. House of Representatives, 21 September 1999
"The current sanctions regime has failed to deter Russia from meddling in the upcoming 2018 midterm elections," Republican Senator Lindsey Graham said in a statement introducing the bill.According to a statement issued by the senators, new sanctions would target "political figures, oligarchs, and family members and other persons that facilitate illicit and corrupt activities, directly or indirectly, on behalf of Vladimir Putin."
"Our goal is to change the status quo and impose crushing sanctions and other measures against [President Vladimir] Putin's Russia until he ceases and desists meddling in the U.S. electoral process, halts cyberattacks on U.S. infrastructure, removes Russia from Ukraine, and ceases efforts to create chaos in Syria," Graham said.
"In Helsinki, I had a great meeting with Putin, we discussed everything," Trump said at the rally, to a round of applause from the cheering crowd. "We got along really well. By the way, that's a good thing, not a bad thing, that's really good," he added, before blaming the lingering Russiagate probe for standing in the way of further progress. "Now, we are being hindered by the Russian hoax, it's a hoax," he said.
Comment: Nothing in politics happens by accident. Haley is probably bringing up "concern" over Yemeni civilians as some kind of leverage over the Saudis. Question is: Why now?