2 ms·
USSR was a state-wide-corporation, and society model was state capitalism. Just one big corporation where government is just a board of directors really. Same
by c-smile 8y ago
USSR was a state-wide-corporation, and society model was state capitalism. Just one big corporation where government is just a board of directors really.
Same is China now.
In fact as larger US company as more of those stuff from USSR in it. That was my biggest surprise when I moved to North America from USSR in 1999.
Imagine establishment of one big "USA, Inc" and you will get an idea how it could work. You will get planned economy on its next day, exactly what any corporation do these days - planning to minimize operational expenses.