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by gumby
2308 days ago
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Because they didn’t have a functional telecom monopoly at the end of the Cold War, so built all new infrastructure, not just wiring plant but organizationally as well. While the old western countries had strong monopolies or cartels with regulatory capture. Of course not every one of the eastern states got this, and some “entrenched” systems worked out fine too (e.g. South Korea and Singapore). But in the case of Eastern Europe, where neoliberal ideology gripped most of the newly independent states, this is one of the few examples, but quite a good one, of where that ideology did in fact work out exactly as intended, for good. |
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I wish. There was a great liberal leap forward in the 90s, but now it's state-run economy all over again.