Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
The Soviet Union's inability to enter the information age (and thus the modern world economy) left them too dependent on commodity exports for revenue. Manuel Castells did a good analysis of why they failed to do so in this book. A drop in oil revenues could have served as a simple trigger for this deeper problem.

you are the media you consume.

by MillMan (millguy at gmail) on Thu Jan 11th, 2007 at 04:58:08 PM EST
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