Russia Considers Nationalization of Key Sectors of the Economy

It didn’t work from 1923 to 1991, maybe from 2023 will be a different story

B Kean
5 min readMay 14, 2023
Courtesy of Livescience

This famous Soviet-era banner shows Karl Marx, Friedrich Engels, Vladimir Lenin, and Joseph Stalin. One could call this Russia’s “Mount Rushmore” and not be historically faulted.

And, in the way that Donald Trump seriously considered that his orange face could one day be etched into eternity to the left of Abe Lincoln, so too Putin probably imagines that his mango-shaped head will follow the psychopath Stalin.

At the current rate that Russia is transgressing back into a totalitarian, war-centric, planned economy, there is a very good chance that Putin’s mug will be up on that banner for future Russian generations — whether or not they will be grateful for his contributions to Russia’s downfall-sold-as-rise-to-imminent-greatness or not is currently unknown.

We all know how Putin feels about the collapse of the Soviet Union and what it meant to the history of the last century. He called it the greatest tragedy of the 20th century. I am not sure how Holocaust survivors, or anyone victimized by state-organized racist oppression, regard that assessment but Putin is the president of Russia so his opinion does garner attention. Nevertheless, a…

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B Kean

The past holds the answers to today’s problems. “Be curious, not judgmental,” at least until you have all the facts. Think and stop watching cable news.