PO SC 4710 Lecture Notes - Lecture 19: Backsliding, Economy Of The Soviet Union
3 Apr 2019
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Putin"s speech when he took office and replaced yeltsin. Through russian experience, they need a strong state: russia belongs at the top level of nations. Its slipping for the first time in past 200-300 years into the 2nd or third echelon of states: few countries experience modern world (postindustrial society) russia is not one of them. Material production is less important than 2nd and 3rd sectors. 2nd: industry, refineries, use oil to make steel, tanks, boats. 3rd: intellectual, teachers, businessmen: putin characterizes russian economy. Gdp is dropping, putin wanted to stop backsliding, it was not growing at all, 1/10th of usa, Wage gap between russians and rest of west is increasing: low investment. Putin uses phrase golden billion: population who enjoy high standards of living, world population 8 billion, 1 billion have high standards, russia is in the 7 billion. Critical of communism, does not praise it or claim. Russian economy non competitive in world markets.
