Support The Moscow Times!

Gorbachev Scolds Putin Over Economy

Former Soviet leader Mikhail Gorbachev on Monday scolded the Kremlin for not taking advantage of the “fertile years” when oil prices were on the rise to modernize the country’s economy.

“Putin inherited a very difficult country facing disintegration and destruction,” Gorbachev told the BBC. “He regained stability, but later I think a number of opportunities were missed when this ‘rain of dollars’ came down on our country. We failed to solve the main issue — not to put too much stake into the raw materials industry but to carry out modernization and achieve new technologies.”

Gorbachev called for active democratic changes, calling the United Russia party a “bad copy of the Communist Party of the Soviet Union.”

“Of course we should follow the path of democratic changes,” he said. “The Americans, who have been building their democracy for 200 years on, want us to build ours in 200 days. We will never become friends this way. Though we should.”

… we have a small favor to ask.

As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just 2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Continue

Read more