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The problem with those socialist countries is that they failed to evolve. They'll still be making the same car in '85 which was succesfully launched in '65, and
by guard-of-terra 10y ago
The problem with those socialist countries is that they failed to evolve. They'll still be making the same car in '85 which was succesfully launched in '65, and nobody would want it any more.
This is perhaps because of lack of competition (there wasn't much common market even between different Warsaw Pact countries) and overspending on military preparing for wars which never came.
http://jalopnik.com/these-were-your-car-options-in-hungary-under-the-soviet-1545678388 http://jalopnik.com/these-were-your-car-options-in-hungary-u... this article makes the point that there was some competition. Lucky for Hungary. In USSR there were not.
- maxxxxx 10y agoThat's a good point. Eastern Germany wasn't doing that bad in the 50s but somehow they got stuck. Even North Korea was doing well for a while.
- yongjik 10y agoNorth Korea was doing better than South until 60s, and not too bad even until late 80s. (They even sent aid packages to South Korea once in the 80s, when we were hit by a big typhoon. Largely as a propaganda show, but still.) It then fell off a cliff.
- guard-of-terra 10y agoI guess there were no longer any USSR to supply them with fertilizer and other stuff for free, and China retracted some of their support too. And they relied on centralized mechanized agriculture. Which in this closed off society led to a large scale famine.