Central Asia’s Neoliberal Tragedy, by Michael Hudson

Oct 18th 2021 9:31am EDT

In the mid-1980s, Soviet officials saw a need to open up their economy in hope of achieving Western-style innovation and productivity. That was the decade in which Margaret Thatcher and Ronald Reagan were sponsoring the neoliberal pro-financial policies that have polarised the U.S., British and other economies and loaded them down with rentier overhead. The… […]

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