lol this post shows such a willful ignorance of reality it's almost depressing@Crocio said:
A centralized, inefficient economy.lol this post shows such a ridiculous misunderstanding of history & modern events its almost insane if you're going to call the Soviet economy inefficient, what do you call today's economy, which has the capacity to feed, clothe, and house the entire world, but doesn't?
The problem with the American (and consequently western) economy since Reagan has been that it's also centralized, suffocated by the state, but not nearly as much as the former USSR.
Believe it or not but the western world's decentralization provides a much more efficient allocation of goods than soviet society ever did. Soviets also had the capacity to feed & clothe the world but couldn't even distribute goods within their society. Even in the 1970's we still had to stand in lines to receive basic resources, our relatively well off family couldn't ever afford televisions or higher end goods such as cars; those were for the politicians and military, bodies which didn't, and still don't, don't produce anything.
The contrast between the soviet 'economy' and Free markets is night and day; trust me, I've lived there.
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