6min chapter

Macro N Cheese cover image

The New Cold War with Ben Norton

Macro N Cheese

CHAPTER

The Russian Economy Is a Symbol of a New World Order

A decade of neoliberal shock therapy in the former Soviet Union led to millions of excess deaths, says Julian Zelizer. Europe and the US are losing access to China's market and they lost cheap Russian energy after the 1990s, he adds. "We're seeing the deindustrialization of the European economies as well going along," Zelizer writes.

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