Soviet Union: Burying Khrushchev's Dreams

Burying Khrushchev's Dreams

Soviet Leader Mikhail Gorbachev last week shoved aside some of the last of the Kremlin's tired old men and unveiled his economic blueprint for the rest of the century. That document predicts a dramatic 6% annual rate of economic growth (vs. last year's 3.8%) through sharply increased productivity. The drafting was no easy task, Gorbachev told a meeting of the Communist Party's Central Committee, because "not all of our managers have broken away from inertia, from old approaches." One such mossback, presumably, was 74-year-old Nikolai Baibakov, who was ousted as the head of Gosplan, the Soviet economic planning committee. He was...

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