Russia's post communist shock therapy 1991-3

Russia's post communist shock therapy 1991-3

Published: July 8, 2026

Duration: 49:24

False Dawn – Russia's Two Utopian Experiments and the Legacy of Shock Therapy


https://explaininghistory.org/historiography/russian-revolution/


In this solo episode of the Explaining History Podcast, we explore John Gray's False Dawn and the remarkable parallels between two failed attempts to remake Russia on a Western model – Bolshevism and the "shock therapy" of the post‑Soviet 1990s.


After the First World War, John Maynard Keynes warned that the Carthaginian peace imposed on Germany would lead to endless instability. The Treaty of Versailles was a missed opportunity – and so, in a differen...