The Wall fell only for some
November 4, 2014 6:30 AM Subscribe
So, what is the balance-sheet of transition? Only three or at most five or six countries could be said to be on the road to becoming a part of the rich and (relatively) stable capitalist world. Many are falling behind, and some are so far behind that they cannot aspire to go back to the point where they were when the Wall fell for several decades. Despite philosophers of “universal harmonies” such as Francis Fukuyama, Timothy Garton Ash, Vaclav Havel, Bernard Henry Lévy, and scores of international “economic advisors” to Boris Yeltsin, who all phantasized about democracy and prosperity, neither really arrived for most people in eastern Europe and the former Soviet Union. The Wall fell only for some.On the eve of the 25th anniversary of the Fall of the Berlin Wall Branko Milanovic looks at how the transition to capitalism worked out for the ex-communist countries of the USSR and Eastern Europe.
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