Ok /his/, what if the soviets in the 80s had decided to do like the chinese and open a series of trade areas where western market economy and foreign investors were allowed?
Would the USSR be like china is today?
>inb4 gobachev tried that
He tried a political aperture combined with very limited market reforms, in this case the soviet political apparatus would be the same but the trade zones would be far more accessible to outside capital than the meager reforms that happened, again extrapolate china's policies
>inb4 soviet inefficiency and shit industries
Again this is a much deeper reform in the economic sense, the problem with perestroika is that it kept dumb redundant industries going despite the deficit because muhjobs and didn't make it that easy for foreign companies to enter the market at all.
I see two problems, first that the soviets had at the time far better quality of life and expectations than the chinese did. Put simply china grew and still grows thanks to unskilled and semi-skilled but really really dirt-cheap workforce. The soviets would've been perhaps cheaper than europeans but most likely not at qualified and still far more expensive than the chinese. Then again there is the possibility that the soviets could have taken the lead in the electronics and IT industry since they had really good engineers and scientists at the time, with the outsourcing wave hitting the western world sooner than it did but with soviets rather than asians(including indians).
The second problem is that unless the soviets could get some really good lobbyists and pro-market types on their side I doubt that the western world would've looked the other way at the fact that it was still their main rival and potential WWIII enemy. The chinese got a lot of traction because the west needed a buffer to keep the soviets busy so they were willing to look the other way at the commie shit, but that would be the case with the soviets. Then again china is now the new USSR in a way and despite all the tensions there are no trade blockades afaik.