Tag: “shock therapy”

Deadly Democracy: Lancet Study Confirms Millions Died From “Shock Therapy”

The world has become so inured to mass death, perhaps the following will merit little comment or outrage among our political punditry, even if the story did make the back pages of the New York Times.

A new Lancet study, “Mass privatisation and the post-communist mortality crisis,” confirms what has been known but little discussed in the past eight to ten years: millions of people, mostly men of employment age, died as a result of the effects of the “shock therapy” transition from a collectivized to a privatized economy in Russia and other formerly “communist” states in East Europe. According to the Times article, by 2007 “the life expectancy of Russian men was less than 60 years, compared with 67 years in 1985.”