completely agree, this is the problem with extractive institutions, theyre set up to benefit whatever apparatus at the top, i cant explain in full but you've just touched on a key argument of the book 'why nations fail'
I already know about that concept.
You can trace the failure of the USSR back:
Capitalist reforms after 1985 completely ruined the economy because the entire infrastructure was not built for capitalism. This destroyed the state and made the system collapse.
-> Why did these capitalist reforms happen?
Because the light industry planning was deemed inadequate and consumers were getting anxious while comparing their own economy to the USA in this regard. The USSR economy wasn't complete s*** like some people claim, the major problem they had were luxury goods and some consumer items like cars or electronics being too expensive/taking too long to be delivered.
-> Why was the planning bad?
Because they had bad information to work off of, and slow communication. You can only plan as well as your information is. If your inputs are crap, your outputs will be crap too.
-> Why wasn't planning reformed first?
Because cybernetic planning would have made the system more transparent and more democratic.
-> Why was the party able to refuse the cybernetic reforms?
Because since Stalin, the internal democracy of the CPSU was extremely lacking and dissent was discouraged. The CPSU lost the connection to the common population. They became "bureaucrats of the revolution" who were more-or-less effective at running things, but did not have any visions on how to press forwards in their transition towards communism.
This led to a stagnation, both in terms of innovation and ideology, in the late 70s that set the stage for glasnost and perestroika.
You can link all the economic problems back to lack of democratic participation and institutions. Note that I don't mean elections or something with that but a true polling of the people and their needs and desires, both in economics and in all other spheres of life.
no one believes centrally planned economies cant produce consumer goods. the issue is that gathering information on consumers is more costly than allowing consumers to participate in a market and exchange at their own pace. this doesnt incur the cost of gathering preferences. this is the essence of the economic calculation problem.
cybernetics probably alleviate this issue if successfully implemented
Disagree on the central planning still, but it's irrelevant if you'll take the cyberneticspill
White people need to stick to their Greco Roman culture and keep God out of their philosophies.
sir this is a ihop
What about consumer products exactly makes it that it can only produced in a market economy?
Also there was never stagnation in the USSR, post 70s the economy didn't grow was fast as before, but it never stagnated (or rather collapsed) until Gorbachev's reforms, just a quick google search shows this too so idk why people say this all the time.
Even if it did stagnate (it did not), would the economic failures of one country prove anything? How many capitalist countries have and are facing economic stagnation? That's simply not an argument
And USSRs model ever being regarded as superior in the West is a just not true lol what? Throughout the majority of the USSRs existence the dominant macro economic schools of thought were Keynesianism which was followed by neoliberalism
Please read this article, bc you have a lot of misconceptions about how central planned economies worked historically:
https://gowans.blog/2012/12/21/do-publicly-owned-planned-economies-work/amp/
It is true that there never was an actual stagnation of GDP. It's just that the GDP growth rate slowed down a bit
White people need to stick to their Greco Roman culture and keep God out of their philosophies.
If anyone reads Revelation 18, it's pretty much what the article is saying.
White people need to stick to their Greco Roman culture and keep God out of their philosophies.
Powerful
Traditional religions just as much, if not more, divided people as well.
They divided groups of people. Capitalism is atomizing down to a person.
for a system thats supposedly so good you’d think socialism wouldnt get slapped around by daddy capitalism as often as it does
for a system thats supposedly so good you’d think socialism wouldnt get slapped around by daddy capitalism as often as it does
just watch this
for a system thats supposedly so good you’d think socialism wouldnt get slapped around by daddy capitalism as often as it does
"for a system thats supposedly so good you’d think capitalism wouldnt get slapped around by daddy feudalism as often as it does"
-if KTT existed from 1300s until 1700s
"for a system thats supposedly so good you’d think capitalism wouldnt get slapped around by daddy feudalism as often as it does"
-if KTT existed from 1300s until 1700s
welcome to the 21st century
we have motorized vehicles now!
welcome to the 21st century
we have motorized vehicles now!
So you think capitalism will remain the dominant mode of production until the end of time? You think socialism is discredited because it couldn't appear right away when capitalism itself took several centuries to replace feudalism?
for a system thats supposedly so good you’d think socialism wouldnt get slapped around by daddy capitalism as often as it does
Who would think a poor country would get dominated by a rich country
just watch this
ive seen hasan reacting to this vid lol
im not necessarily saying this is a mute point, but it also doesnt contradict my original point
Who would think a poor country would get dominated by a rich country
im talking about systems not nations
the ussr was poor as f*** right lmao
So you think capitalism will remain the dominant mode of production until the end of time? You think socialism is discredited because it couldn't appear right away when capitalism itself took several centuries to replace feudalism?
no i think socialism wont work for a while cuz its been attempted for over 100 yrs now
idk if well ever see a full blown communist planet but were obviously nearing the path of socialism every day
EDIT: mixed economies>>>>>
im talking about systems not nations
the ussr was poor as f*** right lmao
Before 1991, the USSR was the fastest growing developed country in the world. Annual growth rates in the mid-1980s were 0.9% compared to only 0.1% in Europe or 1.1% in the US.
Before 1991, the USSR was the fastest growing developed country in the world. Annual growth rates in the mid-1980s were 0.9% compared to only 0.1% in Europe or 1.1% in the US.
and it still got daddied
im talking about systems not nations
the ussr was poor as f*** right lmao
A system never gets slapped around, it's the countries that operate under those systems, so yes you are. Especially if they all ban together against the USSR lol..
Also yes, the USSR was poor compared to the West, pre-revolutionary Russia was about as developed as Latin America was, which it did eventually surpass (thanks to socialism):
Latin America’s GDP per capita was $1,332 (1990 US dollars), almost equal to the USSR’s $1,370. By 1989, the Latin American figure had reached $4,886, but average income in the Soviet Union had climbed far higher, to $7,078 (Allen, 2003). Public ownership and planning had raised living standards to a higher level than capitalism had in Latin America, despite an equal starting point.
ive seen hasan reacting to this vid lol
im not necessarily saying this is a mute point, but it also doesnt contradict my original point
if your nation is under siege (sanctions) and constantly under the threat of being destroyed by foreign powers realistically would you have the chance to truly flourish and grow?
A system never gets slapped around, it's the countries that operate under those systems, so yes you are. Especially if they all ban together against the USSR lol..
Also yes, the USSR was poor compared to the West, pre-revolutionary Russia was about as developed as Latin America was, which it did eventually surpass (thanks to socialism):
Latin America’s GDP per capita was $1,332 (1990 US dollars), almost equal to the USSR’s $1,370. By 1989, the Latin American figure had reached $4,886, but average income in the Soviet Union had climbed far higher, to $7,078 (Allen, 2003). Public ownership and planning had raised living standards to a higher level than capitalism had in Latin America, despite an equal starting point.
pre rev russia was feudalist so i dont see how thats relevant
im saying if socialism is so based that list of belligerents would be flipped
no i think socialism wont work for a while cuz its been attempted for over 100 yrs now
idk if well ever see a full blown communist planet but were obviously nearing the path of socialism every day
EDIT: mixed economies>>>>>
The generation that witnessed the collapse of historical socialism is getting old. The new generation won't have this historical baggage and don't care about all that stuff. This is why communist parties in the West are either all boomers or zoomers btw. So we could see some countries, probably in the third world, turn socialist within our lifetimes definitely. Chile just voted in a libertarian socialist into office for example. Of course he cannot change Chile's system on his own but it is for me a sign that these things still resonate.
and it still got daddied
yes because the collapse of the USSR which even anti communist historians call one of the greatest humanitarian tragedies in history is totally funny