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Centrally planning a project is not bad and it was not bad even in USSR. What usually goes wrong is the implementation, where lack of ownership and widespread c
by AdrianB1 2y ago
Centrally planning a project is not bad and it was not bad even in USSR. What usually goes wrong is the implementation, where lack of ownership and widespread corruption makes the resource utilization perform pretty bad.
Socialist or Communist countries did some good projects, I saw quite a lot. Implementation, management and long term operation went bad.
- Aloisius 2y agoA good plan is one that can be executed. Assuming no corruption where widespread corruption exists is a failure in planning.