31
submitted 6 months ago by yogthos@lemmygrad.ml to c/news@hexbear.net
you are viewing a single comment's thread
view the rest of the comments
[-] yogthos@lemmygrad.ml 25 points 6 months ago

You gotta love when articles that decry the dangers of believing nonsense you want to believe write stuff like this:

Third, the Soviet Union was bankrupt, running trade deficits and borrowing money abroad. In contrast, despite the pressure of Western sanctions, Russia ran a $50 billion trade surplus last year. The Soviet planned economy was rigid and value-destroying, a sinkhole of state subsidies. Unlike the Soviet Union, Russia has a dynamic capitalist economy, well integrated into the global economy, and one whose entrepreneurs have been adept at evading Western sanctions.

[-] Tomorrow_Farewell@hexbear.net 21 points 6 months ago

This is hilarious, considering that the USSR which had a supposedly-awful economic system was a superpower that rivalled the worst genocidal empire in the world, while contemporary Russia is not only obviously much weaker internationally, it also can't provide as good of a quality of life as the USSR.

The USSR's economy only really became 'bad' under Gorbachev, who began the privatisation of the economy. It makes me angry and sad to think that there are people who consider coop-based economies to be a good replacement for planned economies when all that does is bring back some of the evils of capitalism and hurts the working class as a whole.

Also, another point when the leadership of the USSR hurt its economy was during the reforms of Kosygin and Liberman (the surname is, unfortunately, rather appropriate), when the USSR tried to introduce elements of capitalism into its economy, to shift the burden of planning onto the more local factory managers. This led to such consequences as the unwillingness of those managers to pay for technological modernisation of their factories on the grounds that it would have hurt the profits of their companies for a while.

[-] yogthos@lemmygrad.ml 11 points 6 months ago
this post was submitted on 02 May 2024
31 points (100.0% liked)

news

23555 readers
737 users here now

Welcome to c/news! Please read the Hexbear Code of Conduct and remember... we're all comrades here.

Rules:

-- PLEASE KEEP POST TITLES INFORMATIVE --

-- Overly editorialized titles, particularly if they link to opinion pieces, may get your post removed. --

-- All posts must include a link to their source. Screenshots are fine IF you include the link in the post body. --

-- If you are citing a twitter post as news please include not just the twitter.com in your links but also nitter.net (or another Nitter instance). There is also a Firefox extension that can redirect Twitter links to a Nitter instance: https://addons.mozilla.org/en-US/firefox/addon/libredirect/ or archive them as you would any other reactionary source using e.g. https://archive.today . Twitter screenshots still need to be sourced or they will be removed --

-- Mass tagging comm moderators across multiple posts like a broken markov chain bot will result in a comm ban--

-- Repeated consecutive posting of reactionary sources, fake news, misleading / outdated news, false alarms over ghoul deaths, and/or shitposts will result in a comm ban.--

-- Neglecting to use content warnings or NSFW when dealing with disturbing content will be removed until in compliance. Users who are consecutively reported due to failing to use content warnings or NSFW tags when commenting on or posting disturbing content will result in the user being banned. --

-- Using April 1st as an excuse to post fake headlines, like the resurrection of Kissinger while he is still fortunately dead, will result in the poster being thrown in the gamer gulag and be sentenced to play and beat trashy mobile games like 'Raid: Shadow Legends' in order to be rehabilitated back into general society. --

founded 4 years ago
MODERATORS