How Semiconductors Bankrupted East Germany

P. J. O’Rourke once remarked that to understand how bad communism was, just imagine an economic system that could make Germans poor and lazy. Well, in the 1960s and 1970s, just imagine an economic system which, having decided to invest in one of the fastest-growing and essential technologies of those decades (and many more to come), managed to bankrupt its national economy while producing nothing of value. And this despite the treasonous and suicidal decision by Toshiba to transfer state-of-the-art dynamic RAM (DRAM) designs and manufacturing technology to the slaver regime.

The presenter confuses “kilobytes” and “kilobits” in discussing DRAM storage capacity.