• rottingleaf
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    6 months ago

    Shock therapy in Russia after USSR breaking up, maybe?

    That was more extreme, since it was not a transition from left-wing liberal democracy to right-wing liberal democracy, but from bureaucratic planned economy to a pretense at liberal democracy.

    Still some examples may apply.

    Say, if things state-owned or state-managed in Argentina now get privatized, one can look at the specific mechanism and whether it’ll be similar to what happened in Russia.