Russian Capitalism After Communism | History

As the Soviet Union fell, Russia embraced capitalism. But Russia's definition of a "free market" doesn't exactly align with other parts of the globe. #HistoryChannel
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[timothysstuffintros]

1:34 why does it look like Lenin is roasting someone

[Ryanlexz]

Shame what history has become. They said yeltsin is a "anti- corruption crusader" lololo

[vimukthipoorna]

It's a really nice joke boris Yeltsin as an anti corruption leadership

[cybershit]

Short answer :V. Putin saved Russia from becoming very very very poor

[jimpikoulis]

Ha Boris campaigning as ant-corruption crusader ... He was in on it

[zat]

Crony capitalism is practiced all over d world including the United States

[Ida-xepg]

Yeltsin and Gorbechev tried to fix Communism with Capitalism




*_BIG BRAIN_*

[thomasfebyanto]

The biggest mistake Gorbachev did is reform politic first. China reformed their economy first, so even they faced Tiananmen protest, communist party still have power even stronger thanks for their economy development. I think this policy made Soviet Union broken

[bohjrxs]

As a skeptic, the comments are more interesting than the clip itself

[justinwillingale]

We can honestly say Russia is among the few countries that have gone from generations of autocracy rule to communist to capitalism

[ClovisStarNews]

As recent as the year 2000 we won elections by saying we shouldn't be the policemen of the world, and that we should not be nation building. And its time we got those values back into this country. -- Ron Paul

[CJ-dxmq]

I was fine when the Soviet Union collapsed, but I still wanted it. But when Yeltsin came onto office. I emigrated to America

[thenogoodbandit]

They don't even touch on how there was a vote on whether USSR would stay or would be dissolved, the vote went 75% to 25%, 75% saying that they wanted to STAY. The USSR wasn't dissolved due to a stagnant economy and no free market, it collapsed due to a series of coupes done by Yeltsin, if you portray Yeltsin as anything more than a traitor and a corrupt politician, you are mistaken and are just contributing to the misinformation surrounding the USSR.

[yuurtm]

this is the single best video history channel has made

[JK-gutl]

Selling the vouchers were dumb, should've just gave them to the people.

[JosephKent]

So in other words modern day Russia and modern day American are the same thing.

[henrieiane]

Lenin tried, Stalin tried, Gorbachev tried, Yeltsin tried but only Putin made it work (in whatever means).

[Porkeater]

Every market is controlled. It's just the question who controls it.

[theaveragescienceguy]

Yeah soviet breakdown reduced the rouble value from 1$ = 1ruble to 1$=100 rubles

[NoreenHoltzen]

Innovation in Soviet Union was actually enormous compared to most Western economies, furthermore whilst being sanctioned and artificially shut out from supplies by the West. I am struggling to think what innovation Australia came up with in the 20th C other than some of the university research which has nothing to do with markets, but nothing close to the innovation under the Soviet system. Most of the innovation in USA was likewise from the State sector (silicon chip design, Algol and C langages, just about every internet protocol, GPS, almost everything you find in your mobile phone had the difficult early innovative work conducted not in the private sector but the State sector). Soviet Union were in space ten years before the US could even imagine it being possible, etc. It is true that there were waits for products - so demand response latency was weakness, and could be solved - but there also was not the same ludicrous overproduction and energy placed towards marketing that we are presently trapped with.