Capitalism Triumphed in the Cold War, but Not by Making People Better Off ...Middle East

In the summer of 1959, an attractive American-style house was built in Moscow, fully furnished with the amenities that any working American could supposedly afford. But it was not meant for anyone to live in. The previous year, officials from the United States and the Soviet Union had agreed to participate in a cultural exchange program intended to foster mutual understanding and, implicitly, measure one country’s standard of living against the other’s. The ersatz home was the centerpiece of the U.S. exhibit, and Vice President Richard Nixon was in the Soviet capital ahead of its opening. Guiding Soviet Premier Nikita Khrushchev through the installation, Nixon gloated about the prosperity th

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Capitalism Triumphed in the Cold War, but Not by Making People Better Off ...Middle East

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