Capitalism has never achieved industrialization as fast as the USSR 1933-1940
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Date: February 18th, 2019 9:38 AM Author: puce legal warrant
as an indication of the utterly pathetic state of soviet industry, consider that they made tons of shoes on a raw numerical basis, but people would wait hours in line for shoes that didn't suck:
https://www.econlib.org/archives/2009/09/soviet_shoes.html
>My informal survey suggested that some of the longest lines in Moscow were for shoes. At first I assumed that the inefficient Soviet economy did not produce enough shoes, and for that reason, even in the capital, people were forced to line up for hours to buy them. . . . Then I looked up the statistics.
>I was wrong. The Soviet Union was the largest producer of shoes in the world. It was turning out 800 million pairs of shoes a year–twice as many as Italy, three times as many as the United States, four times as many as China. Production amounted to more than three pairs of shoes per year for every Soviet man, woman, and child.
>The problem with shoes, it turned out, was not an absolute shortage. It was a far more subtle malfunction. The comfort, the fit, the design, and the size mix of Soviet shoes were so out of sync with what people needed and wanted that they were willing to stand in line for hours to buy the occasional pair, usually imported, that they liked.
>At the root of the dysfunction was the state’s control of information. Prices are information–the information producers need in order to know what and how much to produce. In a market for a product as varied in material and design as footwear, shifting prices are like sensors taped to the skin of a patient in a medical experiment; they provide a constant flow of information about consumer needs and preferences. When the state controlled prices, it deprived producers of information about demand.
(http://www.autoadmit.com/thread.php?thread_id=4204110&forum_id=2#37801168) |
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