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A downside they don't discuss in the article is that there's less slack in the system. If you're already running your machines constantly, and something goes wr
by jefftk 7y ago
A downside they don't discuss in the article is that there's less slack in the system. If you're already running your machines constantly, and something goes wrong (ex: war, pandemic, famine) where you suddenly need to scale up, you were already right at the edge of what you could be doing.
- nradov 7y agoThe USSR at that time was extremely poor and already trying to scale up production as fast as they could (although the manner they went about it was cruel and inefficient). There was no way to keep spare production capacity in reserve even if they wanted to.
- briandear 7y agoThey were even more poor because Communism destroyed the free market and the will of anyone to create business or meaningful economic activity.