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> So in effect the main problem with the Soviet system was that the wrong managers were in charge? Just one of the problems. The other problem is that manager
by Goladus 15y ago
> So in effect the main problem with the Soviet system was that the wrong managers were in charge?
Just one of the problems. The other problem is that managers did not have knowledge that is available in a free market, because of what they were expected to make decisions about. If you fix the price of something then it's harder to know its real market value.