The most interesting part of the interview for me was the later portion where Mironchik explains how Belarus managed to retain sovereignty by keeping the USSR state industry it inherited unlike all of the other former Soviet republics.
The most interesting part of the interview for me was the later portion where Mironchik explains how Belarus managed to retain sovereignty by keeping the USSR state industry it inherited unlike all of the other former Soviet republics.
Agreed, it’s interesting to hear what their own position is and I also get the impression that they managed to keep a form of a socialist system alive. Hopefully, now people will have renewed faith in the system because they will see it pay off with Belarus being self reliant and independent. A really interesting tidbit there was when he said how when they traded with the west they did a bigger volume of trade but made less money which show the west has been ripping them off. Now that they’re trading with other countries their trade revenue is going up which will translate into improving domestic conditions. I’m sure tighter ties with China will help a lot too. The whole Chinese tech city in Belarus is great news for them for example. The big lesson they learned is that instead of trying to play both sides, they’re better off choosing the east and committing to that.
It actually shocked me that something which we are used to discussing in the abstract such as the Marxist concept of unequal exchange can be demonstrated in such a simple fashion; i hadn’t even thought of it in that way before he mentioned in the interview that they noticed the West has basically been ripping them off by just comparing how much they got for the same products from the rest of the world to how much the West was giving them. This is the kind of straightforward example that can help people understand unequal exchange without having to get deeply immersed in a lot of fairly dry theory.
For sure, it’s a really great real world demonstration of the concept.