Balaji Srinivasan
π€ SpeakerAppearances Over Time
Podcast Appearances
Still, in the medium to long run, few Russians would want to go back to communism.
Like it was like net.
Even if they didn't like they still don't like the Americans, they're still, in fact, fighting the Americans.
Right.
Nevertheless, it was good that there was an alternative to communism.
Right.
That is a complex thing that doesn't just it's not a Hollywood thing of good versus bad.
Right.
It was short term bad in many ways.
It was arguably long term good in some ways, though, of course, it's not a Hollywood ending because obviously, like the Russians, while they may be capitalists in some way, they're also mad about losing their empire.
You know, they're very conflicted.
Everybody's very conflict relationship to the whole Soviet Union because.
Russians were big and strong then they had bases in Vietnam and Angola.
They were big and strong around the world.
And didn't they help beat the Nazis?
Right.
And then conversely, all the people in like Eastern Europe would say, well, yeah, but you the Russians occupied us and they forced Russian on us.
And, you know, and communism was imposed on it, blah, blah, blah.
Everybody has like all kinds of recriminations when an empire breaks down.
So in the same way, Keynesianism is bad for Americans, right?