3 ms·
Apparently those prices were determined mainly by bureaucratic means. Prices encapsulate production costs and demand for a product therefore in a socialist comm
by ulzeraj 6y ago
Apparently those prices were determined mainly by bureaucratic means. Prices encapsulate production costs and demand for a product therefore in a socialist commonwealth bureaucrats and even supercomputers would have to base production on market information using data from capitalist era.
By the fall of the SSSR the black market of illegally imported goods constituted a huge chunk of the soviet economy.
Also I find intriguing how I got downvoted just by questioning. Makes you wonder how wisely those mod powers are being used.
- mantas 6y agoWhy would bureaucrats and/or supercomputers would have to base it on market information? They could keep bending prices as they see fit. By the fall of USSR, big chunks of black market were becoming legal :) Black market was a massive portion of economy throughout USSR existence though. Some people still buy old good CCCP propaganda. And even questioning fairy tale propaganda is bad for those people.