this post was submitted on 12 Nov 2024
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[–] Sulvor@hexbear.net 19 points 5 days ago (1 children)

What an unplanned economy does to a mfer

[–] vovchik_ilich@hexbear.net 8 points 5 days ago

Western economists when the USSR slows its growth from 1975 to 1985 due to a variety of reasons including hesitation to fire workers from outdated workplaces, increased difficulty in resource extraction due to prime deposits being exploited, leniency with a black market of stolen state property, lack of F&D in civilian sector of the economy due to resources being pulled by the military because of US pressure, and some inefficiencies in allocation of workers remaining from the Fel'dman model, all while still increasing real purchase power by 3.5% per year per capita in the same period: This is absolute and final proof that planned economies must never be tried again

Western economists when the EU can't recover its 2008 level after 16 years of neoliberal austerity policy under capitalism, continuously eroding the welfare state, worker rights and the purchase power of citizens in those countries year after year: "This is by far the best system history has to offer"