Skip to main content

One of the neoliberals who ruined Russian economy in the 90s shocks MSNBC pro-war nest with his anti-war positions!


Once in a while miracles indeed happen. Lately, more and more often, even in the US corporate media. After Tucker Carlson decided that truth could be proven more profitable than lies and propaganda, it was the turn of Jeffrey Sachs, one of the early economists of the neoliberal priesthood, to shock MSNBC pro-war pundits inside their home.

The most hilarious detail in the whole story, is that, apparently, the MSNBC pundits wanted another neoliberal to say that Donald Trump is dangerous, and stop there. Why did they pick Sachs? Obviously because of his past record, especially his central role in the destruction of Russian economy in the 90s through a tsunami of neoliberal policies.

But Sachs had an unpleasant surprise for them. Instead of just confirming that Donald Trump is dangerous and actually 'unsuitable' to conduct wars, he went further and condemned all the devastating pro-war policies before him. Essentially, he said indirectly that Trump is the symptom of all previous bad policies, not the problem. And then, he said that the establishment mechanism was keep pushing Trump to go to war.

Watch the anxiety of MSNBC pundits as he goes out of control:


Adam Curtis gives us the details about how Jeffrey Sachs, member of the free market gurus back in the 90s, literally destroyed the Russian economy:

In 1992, the American government had passed the Freedom Support Act. Its aim was to help Russia reconstruct itself. Along with millions of dollars of aid, came a group of young American advisers, economists and political theorists, that had a radical vision of what was necessary. They called it 'Shock therapy'. The aim was to remove all State control over the Russian economy as a stroke. All price subsidies will be removed, and all State industries privatized overnight. Their leader was a Harvard economist called Jeffrey Sachs.

The Americans allied themselves with a group of young radical free marketeers around Yeltsin, and together they drew up a plan. Underlying it there was a theory of how to transform society by creating new human beings. It was the same theory that laid behind the rise of what was called market democracy in Britain and America in the 1980s.

The theory said that if one destroyed all the elite institutions that in the past had told people what to do, and instead allowed individuals to become independent in the market place, then they would become new kinds of rational beings, choosing what they wanted. Out of this, would come a new form of order, and a new kind of democracy, in which the market, not politics, gave people what they wanted.

But things didn't work out as the theory predicted. On the first day of the plan, all price controls in Russia were removed, and the cost of all goods soared. Millions of people found themselves unable to afford even the most basic of goods, and with no one to help them. The only solution for millions of Russians, was to come out on to the streets and sell their belongings for anything they could get.

The chaos began to spread, as the currency no longer had any value. Factories began to pay their workers in the products they made, which the people then had to sell wherever they could in order to live. Then, the privatization plan kicked in. Every Russian was given vouchers to buy shares in the privatized companies, but desperate for cash, they simply sold their vouchers to ruthless businessmen for a fraction of their worth. And a new elite began to emerge who snapped off vast sections of Russian industry. They became known as the 'oligarchs'.


As Joseph Stiglitz describes in his book Globalization and Its Discontents:

Globalization and the introduction of a market economy has not produced the promised results in Russia and most of the other economies making the transition from communism to the market. These countries were told by the West that the new economic system would bring them unprecedented prosperity. Instead, it brought unprecedented poverty: in many respects, for most of the people, the market economy proved even worse than their Communist leaders had predicted. The contrast between Russia's transition, as engineered by the international economic institutions, and that of China, designed by itself, could not be greater: While in 1990 China's gross domestic product (GDP) was 60 percent that of Russia, by the end of the decade the numbers had been reversed. While Russia saw an unprecedented increase in poverty, China saw an unprecedented decrease.

The radical reform strategy did not work: gross domestic product in post-1989 Russia fell, year after year. What had been envisioned as a short transition recession turned into one of a decade or more. The bottom seemed never in sight. The devastation-the loss in GDP was greater than Russia had suffered in World War II. In the period 1940-46 the Soviet Union industrial production fell 24 percent. In the period 1990--99, Russian industrial production fell by almost 60 percent-even greater than the fall in GDP (54%).


Another neoliberal globalist finds his way towards truth. Our guess is that Jeffrey Sachs is now blacklisted and none of the mainstream media will call him again to speak.

Comments

Popular posts from this blog

Oct. 7 Reports Implode: Beheaded Babies, NY Times Scandal, & More

Glenn Greenwald    

Πώς ο Γκρίνμπεργκ μπορεί να θάψει το καθεστώς Μητσοτάκη

του system failure    Είναι ξεκάθαρο ότι η αναμφίβολη πρωτοκαθεδρία του καθεστώτος Μητσοτάκη οφείλεται σχεδόν αποκλειστικά σε μια άκρως επιθετική επικοινωνιακή εκστρατεία που είχε καταφέρει μέχρι στιγμής να κρύβει κάτω από το χαλί (τουλάχιστον ως ένα βαθμό) τον αυταρχισμό και τη διαφθορά του καθεστώτος, καθώς και τις καταστροφικές πολιτικές που εφαρμόζει.  Και δεν είναι πλέον μυστικό, ότι ο άνθρωπος-κλειδί πίσω από αυτή την εκστρατεία είναι ο Αμερικανός δημοσιοσχετίστας, Σταν Γκρίνμπεργκ .    Όμως καθώς το καθεστώς επαναπαύθηκε στις δάφνες της νίκης των τελευταίων βουλευτικών εκλογών, τα μεγάλα προβλήματα συνέχισαν να συσσωρεύονται και φάνηκε ότι το καθεστώς είτε δεν ήθελε, είτε δεν μπόρεσε να τα αντιμετωπίσει. Έτσι, είδαμε σε σύντομο χρονικό διάστημα να έρχονται τα πρώτα σημαντικά πλήγματα στην πρωτοκαθεδρία του, μέσα από τα αποτελέσματα των δημοτικών και περιφερειακών εκλογών. Παρόλα αυτά, η αλαζονεία των καθεστωτικών στελεχών παρέμεινε αμετάβλητη, καθώς θεώρησαν ότι η τραγωδία των Τ

Zionist and US imperialist criminals are about to grab the natural gas off shore Gaza

globinfo freexchange   As the genocide against Palestinians of Gaza is about to be completed with an act of unprecedented brutality by the Zionists and butcher Netanyahu through the bombardment of about 1.4 million civilians in Rafah, it seems that they have already set their next primary goal. Which, in short, is to grab the natural gas resources off shore Gaza, together with their US imperialist buddies whose contribution to the genocide has been undoubtedly critical.     As already reported , in 2007, Hamas came to power and Israel launched an offensive on Gaza Strip, leaving behind 1,400 dead Palestinians, but taking with it the gas fields. Within a year, Israel announced the discovery of the Leviathan natural gas field, which did include Gaza's riches, valued at 453 billion dollars. But Gazans have been denied around 47 billion dollars in revenue. As for Tel Aviv, it's gunning to become a new hub. At that moment in time, that is 2022, Russian oil and gas were sanctioned.

Israel’s Descent Into Madness & the Holocaust Comparison

BreakThrough News   Rania Khalek was joined by Tarik Cyril Amar, a historian from Germany and associate professor at Koc University in Istanbul, to discuss Israel’s descent into genocidal fascism. Prof. Amar addresses whether it’s useful to make Holocaust and Nazi comparisons and the real reason behind the West’s unshakeable loyalty attitude when it comes to Israel’s barbarism.   

Neocon Queen Victoria Nuland Ends Her Reign: Exposing a Catastrophic Career

Glenn Greenwald    

The Shadowy, Intelligence-Linked Group Driving the US Towards War With Iran

"United Against Nuclear Iran does not miss an opportunity to try to bring the United States closer to a military conflict with Iran. And on the other side of the equation, they also have worked very hard to oppose efforts to de-escalate the U.S.-Iran relationship."   by Alan Macleod   Part 7 - A Lesson From History   The history of Iran has been intimately intertwined with the United States since at least 1953 when Washington orchestrated a successful coup against Prime Minister Mohammad Mosaddegh. Mosaddegh had refused U.S. demands to stamp out Communist influences in his country and had nationalized the nation’s oil. The U.S. installed Shah Mohammad Reza Pahlavi as a puppet ruler. An unpopular and authoritarian ruler, the Shah was overthrown in the Revolution of 1979. Since then, it has become a target for regime change, and its nuclear program is something of an obsession in the West. Often orchestrated by UANI officials while they were in government, the U.S. has carried

Το σκάσιμο της φούσκας Μητσοτάκη με νέα επίσημη χρεοκοπία και οριστικό τέλος της μεταπολίτευσης

του system failure   Τα αποτελέσματα των εκλογών της 25ης Ιουνίου ήταν λίγο-πολύ αναμενόμενα όσον αφορά τις πρώτες θέσεις με βάση και τα αποτελέσματα της πρώτης κάλπης του Μαίου. Αν συμπεριλάβουμε και το ποσοστό της αναμενόμενης αποχής, δεν μας έδωσαν κάποια ιδιαίτερη έκπληξη. Αυτό όμως που φαίνεται να αιφνιδίασε ακόμα και το συστημικό κατεστημένο, είναι η είσοδος των δύο υπερσυντηρητικών, ακροδεξιών κομμάτων Νίκη και Σπαρτιάτες, με το τελευταίο να έχει ξεκάθαρες διασυνδέσεις με τον πρώην Χρυσαυγίτη, Ηλία Κασιδιάρη. Παρά τη μεγάλη νίκη Μητσοτάκη, οι μιντιακοί ινστρούχτορες της καθεστωτικής προπαγάνδας εμφανίστηκαν σε γενικές γραμμές "μουδιασμένοι" και αυτό οφείλεται στο γεγονός ότι το συστημικό κατεστημένο (δηλαδή τα μεγάλα οικονομικά συμφέροντα που ελέγχουν και το σύνολο των μεγάλων ΜΜΕ πανελλαδικής εμβέλειας), πέτυχε μόνο έναν από τους τέσσερις μεγάλους στόχους που είχε θέσει εξ'αρχής. Μιλώντας με ποδοσφαιρικούς όρους, ουσιαστικά έχασε με σκορ 3-1.   Ο μεγάλος στόχος πο

Study Finds Media Giants New York Times, CNN, and Fox News Pushing for US War in Yemen

by Alan Macleod  Part 2 - Biased Reporting MintPress conducted a study of four leading American outlets: The New York Times , CNN, Fox News and NBC News. Together, these outlets often set the agenda for the rest of the media system and could be said to be a reasonable representation of the corporate media spectrum as a whole. Using the search term “Yemen” in the Dow Jones Factiva global news database, the fifteen most recent relevant articles from each outlet were read and studied, giving a total sample of 60 articles. All articles were published in January 2024 or December 2023. The study found the media wildly distorted reality, presenting a skewed picture that aided U.S. imperial ambitions. For one, every article in the study (60 out of 60) used the word “Houthis” rather than “Ansar Allah” to describe the movement which took part in the Yemeni Revolution of 2011 and rose up against the government in 2014, taking control of the capital Sanaa, becoming the new de facto government. Ma

Top German military commanders plan direct attacks on Russia

by Johannes Stern  Top German generals and the German government are discussing in concrete terms how “Taurus” cruise missiles can be delivered to Ukraine and used against Russian targets. This emerged from an approximately 30-minute conversation on February 19, which was reportedly intercepted by Russian intelligence and published over the weekend by the Russian news channel RT. The conversation involved Air Force Inspector Ingo Gerhartz, Head of Operations and Exercises in the Luftwaffe Command Frank Gräfe and two lieutenant colonels of the Bundeswehr (armed forces) Space Command named Fenske and Florstedt. According to their own statements, the military commanders met to prepare a meeting with Defense Minister Boris Pistorius (Social Democrats, SPD) and to discuss with him whether and how the Taurus can be delivered to Kiev and used against the nuclear-armed power Russia. Pistorius wanted to “ get really deep into Taurus, ” Gerhartz began the conversation. He leaves no doubt that he

The truth about Alexei Navalny

Glenn Greenwald / Dangerous Ideas with Lee Camp / The Hill /