The Soviet economy: How it worked, and how it didn't | Revolution Festival 2023
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- Опубликовано: 11 ноя 2023
- Lenin and the Bolsheviks led the Russian working class to power and set about transforming society along socialist lines. But the revolution remained isolated and besieged. The nascent Soviet Union was plagued by economic backwardness, chaos, and scarcity.
There could be no hope of constructing communism in these dire conditions. Nevertheless, the period from 1917 to 1937 saw enormous advances and progress on the basis of the planned economy. But it also saw crises, along with fierce debates over how best to develop industry and take society forwards.
In this talk, Adam Booth will discuss the laws and dynamics at play in the early Soviet economy, explaining the objective forces that propelled the Bolsheviks and the young workers’ state, and later Stalinist planners and their policies.
With such an understanding, we can see the potential of socialist planning in modern times, and gain glimpses of what a future communist society could look like.
Very good comrades 👏🏻
But Starlin is great.
This stuff would be a lot more impactful coming from people who actually understand macroeconomics and the functioning of fiat currency. As soon as you say “the govt printed money and caused inflation” you’ve lost the plot.
If you think Printing Money *doesn't* affect Inflation, you have absolutely no idea what you're talking about.
Printing money is necessary. And printing more or less depends on the situation. For a rapidly expanding economy, you, of course, must print more or you introduce "reverse inflation" which has its own consequences (mainly that it becomes more valuable to hold money than to spend it, thus hindering economic activity).
For example, the Soviets had to build tens of thousands of tanks. That's an expansion of the economy. Or how about experimenting with rockets and building a space program? Etc.
Printing money doesn't create inflation as a general rule. No valid economic theory says this. This is only a talking point that politicians use (and only when it fits their agenda). It's not some iron-clad law of economics. It entirely depends on WHY your increasing the money supply and HOW MUCH you are doing it.
The devil's in the details.
pre-breton woods, that statement was true. But today thats not how money works. MMT is correct but so the law of value. shame these Marxists can't admit that
You don't have to be a genius to know that printing money causes inflation
Gorky automotive factory was funded by Ford. All the engineering details also shared with communists. They produced military vehicles also for Vietnam. Who funded Trotsky while in New York who funded his travels back to Russia? Who supplied Lenin with a private train back to Russia from Austria??
Lol, are you one of those weirdos privy to the theory of "muh communism was funded by ebil jewish bunkers" or what
Yes, in USA that time was the great economic depression and it was mutually profitable collaboration
Yeah, no thanks... this idea that you can gather accurate data on an entire economy and distribute wealth in a corruption-free manner to ensure equality of outcome instead of equality of opportunity would AT THE VERY LEAST ossify society and stagnate progress forever. Not to mention the staggering amount of power you'd be handing over to a small group of people to run everything. Efforts to give people opportunities to grow and become successful are always welcome but not at the expense of stealing from one person so you can provide to another. Complete control over the economy and distribution of wealth would lead to no incentives to work harder since that doesn't factor into the equation and ultimately lead to population control where the government would tell you that you cant have a child with your partner because resources are limited and your turn would come up in about 40 years when your name on the waitlist appears on top. Oh, you can't physically have children anymore? oh well, NEXT.
O look, a military cuck thst doesn't understand History or Economics.
You're wrong, bud.
Communism took Russia and the Soviet States from nomadic peasant Czarist State to an Industrialized World Power within 40 years.
Thomas Sankara took an African country from French rule and returned it to African people. Created a national road, rail, and school system. Whole planting over a million trees to stop the deforestation of the Sahara.
Every single time Socialist policies are put into place, the Living Standards of the Working Class are raised.
Well.. that is... until the bootlicking Stormtroopers show up and gun Imperialist "Freedom" of Capitalism onto everything and fund, train, and arm Religious Nationalists.
You've been lied to, bucko. You're one of the bad guys.
You act like we don't already gather accurate data on the various sectors of our economy, or like we don't already distribute wealth in a corrupt manner. The point of us being able to view the economy in its totality is to determine what should be prioritized so that we can actually get the nation back on productive track.
It’s not only possible to gather accurate data upon which to base the function of a company or other economic system, that’s precisely what corporations do now. But instead of having the benefits of the business distributed equitably, we instead ENCOURAGE selfishness, corruption, exploitation and autocratic management by making these traits essential to the function of a capitalist corporation.
The negative traits you are describing are the results of a properly functioning capitalist economy as corporations amalgamate and seek monopoly opportunities by undermining any system that encourages competition.
@@draunt7 who verifies accuracy? Corruption exists in ALL systems, I'd just rather not give that system more power because some people think being poor should never be allowed to happen. We can't even properly ban items like alcohol or drugs, we'd do terrible if we tried to take away people's guns and what'd work even worse is if we took away peoples money. If you want a safety net for people who either didn't have the advantages of a stable family supporting them, good parents and a chance to succeed professionally, then focus on building community programs where neighbour's pool funds to help their less fortunate neighbour's. Our sense of community has collapsed and it needs to be revived but making the government take responsibility will only worsen the situation for everyone involved
Thanks for repeating the same myths everyone keeps propagating. Your contribution to anything is 0. bb