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19

“Blinkered and Bankrupt” in Eastern Europe

Lecture no. 19 from the course: Capitalism vs. Socialism: Comparing Economic Systems

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Taught by Professor Edward F. Stuart | 30 min

In retrospect, it would seem that communism in Eastern Europe was doomed to fail. However, when the communist governments began to collapse in the 1980s, it took many people in the West by surprise. Trace the ways Soviet communism’s failures were replicated over and over again in the Eastern Bloc nations, with nearly the same results for each of them.