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You can view the Soviet central planning system as the MBA approach scaled to federation of countries size. We know it has failed, people lost faith in it.
by petre 7y ago
You can view the Soviet central planning system as the MBA approach scaled to federation of countries size. We know it has failed, people lost faith in it.
- fishnchips 7y agoCentral planning was a system with twisted incentives for some and no incentives at all for others. Even if the plan was right coming from the top, it went through layers of disinterested management. The feedback loop was broken as well since it could actually be dangerous to report the results of plan implementation in your area.