I’d argue Krushchev set the stage because he abolished artels which led to all the problems USSR had with light industry. Had USSR retained a mix of state industry and cooperative driven market economy, it would’ve developed in a similar way to China today except without a capitalist class.
Was it because of Krushchev’s reforms?
Stagnation started right after the petrodollar scheme and SWIFT coming online.
I’d argue Krushchev set the stage because he abolished artels which led to all the problems USSR had with light industry. Had USSR retained a mix of state industry and cooperative driven market economy, it would’ve developed in a similar way to China today except without a capitalist class.
what could have been
indeed