[PEN-L:5232] Re: SSC, sketch 3, "Effects of introducing markets in Russia andCuba"

["Charles Brown" <CharlesB@xxxxxxxxxxxxxxxxxxxxx>]

>>> Louis Proyect <lnp3@xxxxxxxxx> 04/13/99 02:27PM >>>
Kotz argues that the Soviet economy was closing the gap with the west
through the 70s until it went into a slump around 1975. That year the
Soviet economy was rated at 50% of the west's from the standpoint of
productivity. This slump was possible to overcome within the parameters of
socialism, but the ruling bodies had already begun considering dumping the
system for capitalism.

(((((((((((((((((((((

Chas.: What is this 50% ? 50% of the GNP/GDP of the entire West ?

Charles