Mikhail Gorbachev for his role in the collapse of the Soviet Union and the ensuing economic collapse. During his career, Gorbachev attracted the admiration of some colleagues, but others came to hate him. Mikhail Gorbachev Mikhail Sergeyevich Gorbachev (born 2 March 1931) is a Russian and formerly Soviet politician. He was the eighth and last leader of the Soviet Union, having been General Secretary of the governing Communist Party of the Soviet Union from 1985 until 1991. He was the country's head of state from 1988 until 1991, serving as Chairman of the Presidium of the Supreme Soviet from 1988 to 1989,
Mikhail Gorbachev businesses in the service, manufacturing, and foreign-trade sectors. The law initially imposed high taxes and employment restrictions, although these were ignored by some Soviet Socialist Republics (SSRs). Later, the restrictions were revised to avoid discouraging private-sector activity. Under the provision for private ownership, cooperative restaurants, shops, and manufacturers became part of the Soviet scene. Under the new law, the restructuring of large "All-Union" industrial organizations also began. Aeroflot was split up, eventually becoming several independent airlines. These newly autonomous business organisations were encouraged to seek foreign investment. In June 1988, at the CPSU's Party Conference, Gorbachev launched radical reforms meant