Alexander Lukashenko Quotes
We will never have Russian-style privatization.
The “Harvard Boys” referred to some free market economics professors who were advising the Russian government on their transition to a democratic industrial democracy. Free market capitalism was a great failure in that instance. However the free market enthusiasts would argue that Russia did not have a legal system, and organized crime was not controlled, and the Russian people where just not used to a free market.
This Republican mantra has been central for the Republicans for the entire century after Theodore Roosevelt who thought that business had to be regulated and controlled. The same basic speech has been given by conservative Republicans ever since.
Ironically the far right wing Fascists and the far left wing Communists agreed on this point: nationalization.
At the time extreme socialist doctrine was that the state should own the factories and the other means of industrial production. The socialists believed that the people through their government had to be able to control the economy and the private owners’ greed would always drive the economy for themselves and not for the society in general. Deal was one of the first who argued that there were other, less draconian modes of economic control like government regulation and central banks. Deat turned traitor during WWII and served in the Vichy Nazi cabinet of Pierre Laval. He was sentenced to death for treason but escaped to Italy where he assumed a new identity and then was sheltered by a right-wing Catholic religious order in the convent of San Vito, near Turin, where he wrote his memoirs and lived undiscovered until his death.
While Murphy may have believe this, his company would profit immensely of Chrysler would fail. 28 years later it was General Motors that required the bailout that was much larger than the Chrysler one. The GM executives had gotten over their philosophical objections.
China was going though a major change of economic structure and national policy, moving to a Western style, capitalist, market economy. This was led by Zhao and Deng. However there were ensconced communist, Marxist idealogues still in place in the government, and a few of them were very vocal about their negative reaction to this abandonment of socialist principles. One economists who was particularly vocal was thus warned and reprimanded by Zhao. He got the message.
Alexander Grigoryevich Lukashenko or Alyaksandr Ryhoravich Lukashenka is a Belarusian politician who has served as the first and only president of Belarus since the establishment of the office on 20 July 1994. Prior to his political career, Lukashenko worked as director of a state farm (sovkhoz), and served in the Soviet Border Troops and in the Soviet Army.