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Episode II: The Agony of Reform

Chapter 1: Prologue

  • A perilous interdependence
  • The capitalist revolution
  • Title sequence

Chapter 2: The Ghosts of Norilsk

  • Slow trains to Siberia
  • The gulag economy
  • The essence of Soviet power
  • Socialism's influence

Chapter 3: Behind the Iron Façade

  • A double agent escapes
  • What Gordievsky knew
  • The true cost of military might
  • No water, no fire, no incentives

Chapter 4: India's Permit Raj

  • Central planning and corruption
  • Protection vs. innovation
  • The shortage economy
  • Hindustan vs. Toyota

Chapter 5: Latin American Dependencia

  • A shared suspicion of trade
  • Doomed to underdevelopment?
  • Dependency theory explained
  • The cost of closed markets

Chapter 6: Counterrevolution in Chile

  • The left wins an election
  • The Allende is assassinated
  • An economy doesn't obey orders
  • Seeking a serious blueprint

Chapter 7: Chicago Boys and Pinochet

  • What Chicago stood for
  • Cutting the tail off the dog
  • Growth at a high human price
  • A tainted legacy

Chapter 8: Heresy in the USSR

  • A campfire conspiracy
  • Enter Gorbachev
  • The pantyhose commission
  • New pressure from the West

Chapter 9: Poland's Solidarity

  • Thatcher's demand
  • The shipyards of Gdansk
  • A longing for freedom
  • The crucial meeting

Chapter 10: Bolivia at the Brink

  • Coups and hyperinflation
  • Bolivia confronts the tiger
  • Unreasonable amounts of money
  • Cocktails in La Paz

Chapter 11: Shock Therapy Applied

  • The bad news all at once
  • Common economic sense
  • The effect on Latin America
  • We did it in a democracy

Chapter 12: The Miracle Year

  • Poland in crisis
  • A phone call ends the Cold War
  • Extraordinary politics
  • Watching the price of eggs

Chapter 13: Poland in Transition

  • Privatizing state industries
  • Solidarity loses support
  • The hardest hit had helped most
  • Poland's entrepreneurial drive

Chapter 14: Gorbachev Tries China

  • Yavlinsky's report
  • Gorbachev hesitates
  • Visiting Deng Xiaoping
  • No easy way out

Chapter 15: Soviet Free Fall

  • Hard-liners strike back
  • The Soviet Union disintegrates
  • No one at the controls
  • The boys in pink shorts

Chapter 16: Reform Goes Awry

  • Jump-starting the market
  • The old guard fuels inflation
  • Norilsk in despair
  • Belief undermined

Chapter 17: India Escapes Collapse

  • Watching Russia go down
  • Bankruptcy ahead
  • Turning against the party
  • Ending the Permit Raj

Chapter 18: Russia Tries to Privatize

  • Voucher capitalism
  • Bolshevik biscuits
  • Gaidar sacrificed
  • The Wild East

Chapter 19: Loans For Shares

  • Up against the Red Directors
  • Filatov of Norilsk
  • Fighting a Communist comeback
  • Yeltsin and the oligarchs

Chapter 20: Closing the Deal

  • This way or nothing?
  • Potanin takes Norilsk
  • Responsibility comes later
  • Russia defaults; Yeltsin resigns

Chapter 21: A Decade of Radical Change

  • Poland begins to thrive
  • Mixed results in Latin America
  • India's new growth
  • Russia moves forward


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