Meltdown

Inside the Soviet Economy

Nonfiction, Social & Cultural Studies, Political Science, Government, Public Policy
Cover of the book Meltdown by Paul Craig Roberts, Katharine LaFollette, Cato Institute
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Author: Paul Craig Roberts, Katharine LaFollette ISBN: 9781937184186
Publisher: Cato Institute Publication: September 1, 1990
Imprint: Cato Institute Language: English
Author: Paul Craig Roberts, Katharine LaFollette
ISBN: 9781937184186
Publisher: Cato Institute
Publication: September 1, 1990
Imprint: Cato Institute
Language: English

This book describes the irrational life of Soviet producers, the monstrous deprivation of Soviet consumers, and the ideological origins of the Soviet economy that have resulted in a system unable to bear the weight of being a superpower. The authors spell out the challenges that Gorbachev and his successors face. The penultimate chapter deals with the privatization of the Soviet economy. In the last chapter they document the failure of Western experts and pundits to create a true picture of the Soviet system.

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This book describes the irrational life of Soviet producers, the monstrous deprivation of Soviet consumers, and the ideological origins of the Soviet economy that have resulted in a system unable to bear the weight of being a superpower. The authors spell out the challenges that Gorbachev and his successors face. The penultimate chapter deals with the privatization of the Soviet economy. In the last chapter they document the failure of Western experts and pundits to create a true picture of the Soviet system.

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