Mikhail Gorbachev — "The market is not a panacea. It's a very cruel mechanism."
The market is not a panacea. It's a very cruel mechanism.
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More from Mikhail Gorbachev
"I am not a reformer by choice. I am a reformer by necessity."
"We are moving towards a new world, a world of communism. We will never turn from this path."
"The greatest glory in living lies not in never falling, but in rising every time we fall."
"Freedom is the right to choose, the right to err, the right to be oneself."
"The collapse of the Soviet Union was a real tragedy for me."
About Mikhail Gorbachev (1931-2022)
Final General Secretary of the Soviet Union whose glasnost and perestroika reforms led to the USSR's dissolution and the end of the Cold War. Closely associated with Boris Yeltsin (his domestic rival and successor as Russian leader) and Ronald Reagan (Cold War counterpart and arms-control partner). For an intellectual contrast, see Vladimir Putin, Russian president (2000-2008, 2012-) — Putin has publicly called the Soviet collapse 'the greatest geopolitical catastrophe of the 20th century' — Gorbachev's signature achievement. Putin's two-decade political project has been organized around reversing Gorbachev's liberalization.