Comparing Russia and the USA: Economic Performance and Distribution

When comparing Russia and the USA, it's essential to consider how economic performance and wealth distribution play significant roles in shaping the nations' overall well-being. The economic size of Russia is often compared to the metropolitan economy of New York City, illustrating the stark contrast between the two economies in terms of scale and structure.

Economic Size and Composition

Both economies compete favorably in terms of size and real growth. However, they differ significantly in terms of ownership structures. The American economy has been largely dominated by the private sector, whereas the Russian economy was traditionally controlled by the government. This is a notable distinction, especially when considering the transition period that Russia experienced after the Revolution.

During that time, the government took control of various industries, leading to a period of what can be described as 'full government management.' However, the outcomes were often mixed. For example, the government's directive for grain growers to surrender their saved seeds for the next year's planting was one such strategy that proved to be shortsighted and counterproductive. Today, many areas of the Russian economy have reverted to a more mixed model with a growing private sector, indicated by the presence of numerous food and tourist attractions managed by locals.

Wealth Distribution and Economic Infrastructure

A key difference between these two economies is the distribution of wealth. The United States has a more uneven wealth distribution, with a small elite holding much of the country's wealth. In stark contrast, Russia has a far more even distribution of wealth, with the vast majority of the population being relatively poor by American standards. The notable exception is a small group of around 30 to 40 oligarchs, who have accumulated vast fortunes. These numbers are constantly changing, and some have even suffered mysterious accidents, leading to intriguing speculations.

While the United States enjoys a strong economic infrastructure, it lacks the concept of may (asabiyyah), a social cohesion that binds communities together. This is a significant factor in how economies function and how societies evolve. For example, the reaction of countries in Europe, particularly Germany, during the controversy over the Nord-stream gas pipeline, highlights the different economic and social dynamics at play.

Comparative Analysis and Personal Observations

To gain a deeper understanding of these economic disparities, one can visit both Moscow and St. Petersburg in Russia and New York or San Francisco in the USA. Observing the economies firsthand, particularly by visiting local markets and attractions, can provide valuable insights into the working of these economic systems. Flying economy class, if possible, allows for a more grounded perspective on the everyday life and economic reality in these areas.

The study of history and economics is crucial in evaluating the current state of these economies. Decisions about the future trajectory of these nations can only be made after a thorough analysis of their economic performance and the underlying factors that drive their growth or decline. The question of whether the US is on the ropes and in decline or enduring and dynamic is open to interpretation, but a comprehensive understanding of both economies is essential.