Mikhail Gorbachev has died

The United States didn't do enough to help Russia transition to democracy in the 1990s. There was no "Marshall Plan" after the Cold War like there was after World War II. This was a huge mistake, and we see the consequences now, with Russia having turned back toward totalitarianism and imperialism. Sadly, it seems that Gorbachev's efforts were mostly for naught. But it was courageous at the time to open up the Soviet Union to glasnost and perestroika.

Of course Yeltsin was a big part of the problem too.

> There was no "Marshall Plan" after the Cold War l

There was such a plan, at least in the twisted minds of the people behind the Washington Consensus. They were calling it privatization or price liberalization or some other non-sense like that, thing is the common people got the very, very short stick (like my parents, who lost their jobs, their city apartment and who had to resort to literally subsistence agriculture in a matter of 4-5 years maximum; I'm not from Russia, but still from the former communist space) while some lucky ones from amongst us became entrepreneurs and business leaders. Also, most of the really juicy assets (like almost of all our banking sector, our oil resources etc) got sold to Western companies, but that was a given if we wanted to become part of the European Union and of the West more generally speaking.

Yes, I've started to become more and more bitter as the years have gone by, I'm now almost the same age as my dad was in the mid-'90s, when all hell started to economically unravel. Nobody had asked my parents, or us, who were mere kids and teenagers back then, if we were agreeing to the sacrifices that they were going to impose on us.

I thought most of the major assets got bought by connected oligarchs, sometimes by literally putting goons at the doors of the auction room to beat up anyone that tried to get in to bid against them. If the oils fields were actually owned by European companies, we’d be buying Russian oil from ourselves, not from Russia.

That was one way. Another was not paying salaries for months ("company has no money" was a common case) until employees sell their "vauchers" to those who wanted to buy.

I've heard variations of this story a lot. Common people and workers received a share of the company they work for, but times were so dire most people sold them to those with money for a pittance. So foreseeable, why was it allowed to happen?

Some people chose to put their assets to work for later and others to sell their assets for cash right now. Why shouldn't people be allowed to make those decisions?