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[Pen-l] Paul Davidson sums up
- To: pen-l@xxxxxxxxxxxxxxxxxx
- Subject: [Pen-l] Paul Davidson sums up
- From: Charles Brown <cdb1003@xxxxxxxxxxx>
- Date: Tue, 10 Mar 2009 14:51:13 -0700 (PDT)
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Interesting discussion. A natural question is why did central planning
fail so disastrously in communist USSR and China, while WalMart and
UPS are doing it so successfully? Is it because of market discipline?
-raghu.
^^^^
CB: Also, there was quite a bit of
success with central planning in the Soviet
Union and China. The Soviet Union
grew very rapidly in the first period,
then had to rebuild most of it, and
did,
after the Nazis destroyed most.
The ultimate failure might be more
attributed to the forced militarization
due to the perpetual imperialist onslaughts
than central planning.
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- Thread context:
- Re: [Pen-l] Paul Davidson sums up, (continued)
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