Russian coup tradition

Political reform is very simple, that is, following the example of the United States, multi-party system, parliamentary system and separation of powers. This formalized thing has both immediate and immediate effects. However, economic reform is much more complicated because it is difficult to go back to the past.

199 1 After the coup in August, Yeltsin finally came to power. He criticized Gorbachev's gradual reform, pointing out that the piecemeal and patchy reforms in the Soviet Union since the 1950s not only failed to solve the problem, but made it more and more serious and ruined the future of the Soviet Union. In order to avoid repeating the same mistakes, Russia should make drastic and profound changes. 199 1 autumn, with the help of economist Gaidar, Yeltsin proposed a series of "shock therapies" to reform the economy. He called for the liberalization of all prices before the end of the year, the privatization of factories and land, the drastic reduction of government spending, and the implementation of a tough monetary policy, stressing the necessity of taking these measures as soon as possible. Yeltsin believes that these bold new policies will soon be effective.

The so-called "Liaoning earthquake law" means that the government does not interfere in the economy at all and allows the market to be established spontaneously according to economic laws. This is the core magic weapon of neoliberalism. However, after the emergence of monopoly capitalism, the market mechanism almost completely failed. In this case, it is tantamount to seeking fish from the edge of the tree. As a result, inflation remained high, a large number of wealth talents were lost, people were hungry and cold, Russia was completely reduced to a third-rate country, and Yeltsin was also reduced from a national hero to a national sinner.