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And yet the USSR went from a semi-feudal war torn country to industrialised power that first reached space, all within a handful of five year plans. Even capit
by lucian1900 6y ago
And yet the USSR went from a semi-feudal war torn country to industrialised power that first reached space, all within a handful of five year plans.
Even capitalist economies have benefited from significant central planning, most notably South Korea, Taiwan and Singapore.
Today we also see it within the likes of Walmart and Amazon, unlike Sears’ internal markets. Even when profit is your motive planning beats markets.
- mantas 6y agoThat first reached space, yet citizen quality of life was pretty miserable. It was still semi-feudal warmongering regime that managed to get to space by diverting all resources to military and honor projects. Fun fact. Pretty much every other family in USSR either has community garden or a land lot (if living in countryside). People had to grow their own food because central supply in shops was so bad. Well educated engineers were spending their weekends growing potatoes and pigs to feed their families. Of course they got to space so that was cool :)
- lucian1900 6y agoQuality of life was pretty good throughout Eastern Europe, actually https://mobile.twitter.com/isgoodrum/status/1136693839526223872 https://mobile.twitter.com/isgoodrum/status/1136693839526223...