The Truth about the Collapse of the Soviet Union
This is a fascinating lecture about the collapse of the Soviet Union by Robert Wenzel at the Austrian Economics Research Conference (March 21, 2013).
The idea that the Reagan defense buildup somehow spent the Soviet Union into collapse is a legend of remarkable untruth. The preexisting nuclear balance of terror never really changed during the 1980′s, and the United States spent no serious money threatening the evil empire. The Soviet leadership did end up feeling beleaguered and imperiled, but it was due to the epical economic failure of an ossified state socialism, not the new U.S. armada of conventional ships, tanks, and planes. Indeed, the original notion that the Soviet Union [could develop] nuclear war winning capability was never plausible. – David Stockman, Director of the Office of Management and Budget (1981–1985)
The Truth about the Collapse of the Soviet Union is a post from: Classic Liberal Blog
2013-03-28 13:16:19
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