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AP: Go Away Communism
Transcript of AP: Go Away Communism
AP: Go Away Communism
-Mao Zedong dies in 1976
-Replacement Deng Xiaoping repudiates Mao's legacy. Releases prisoners, allows western media.
-Allows ownership of small farms and permitted factory owners to keep profits. Massive foreign investment.
Chinese Economic Miracle
-Better diets, lower mortality, increased wealth.
-However, increased crime and inequality.
-Despite allowing elements of capitalism, government still maintains authoritarian control of society. (Tiananmen Square)
-By 1980s, stagnant economy and food shortages.
-In 1987, leader Mikhail Gorbachev begins "perestroika" , an economic program allowing foreign investment and small scale ownership
-Policy of "glasnost" allowed freedom of speech and non-state owned newspapers. This allowed people to see problems with USSR (crime, corruption, homelessness)
-Inequality within Soviet Union exposed.
-Economy goes into tailspin. (inflation, rationing) Soviet citizens fail to take advantage of new freedoms (unlike Chinese)
-Pro-democracy demonstrations in Eastern Europe
Miracle Year of 1989
-In 1987-1989, massive protests in Eastern Europe (Poland, Hungary, Bulgaria, East Germany, etc). Berlin Wall falls (next slide). Gorbechev refuses to use force. These countries break away.
-In 1989 elections (real ones), communists are kicked out of office, replaced with moderates.
-In 1991, Communist forces in army attempt coup to overthrow Gorbechev. Fails. Soviet Union is over, Russian Federation declared.
When the Cold War Officially Ended
Long Term Consequences
-Eastern E. countries join NATO. Cold War over.
-State-owned firms privatized. Arms dealers make off with weapons. Firms given to well connected "oligarchs" who rule Russia today.
-Russia's oil and gas based economy struggles to compete.