I want to ask how a command economy solves the three basic economy problems like what and how much to produce, how to produce and for whom to produce, because this is my assignment question 😂
The Soviet Government was also inspired by the Taylorist or Fordist model of industrial technique and scientific management. It was widely believed to be the most progressive and advanced way of improving production at the time of the early 20th century Now it's probably less so. It does reduce the worker to the status of a cog in a machine, it is degrading and alienating, plus very authoritarian.
@@jcrios1917 Yes, it also never stopped using a very crude material balance formula to solve the issue of production despite better alternatives already being known and when mathematicians/engineers/economists would try to put forward superior equations and models their hyper-political, fossilized system would just reject it out of hand.
Have you tried buying a car lately? There’s a long wait. Better lots of indifferently made cars on the lot available for purchase than well made cars you have to wait months for
@@fantom5894 sure but if the society has a good enough public transportation system to where owning a car isn't a necessity but rather just something you'd like to have for the sake of driving around, then it's not a massive issue, at least in my eyes
Thanks for your work, you're obviously an educated person and I'd like to discuss with you one point about your video. Mostly I agree with what you said, but I find one of these points questionable. Namely, command economy kills incentive and creativity. I cannot agree with it, because in the Soviet Union was a huge initiative reward system. People who came up with an innovative ideas were getting reward payments, sometimes as large as 10 times the monthly salary, there were medals and ordens. For example orden "Hero of socialist labor" was the highest reward for civilian and was equal to military orden "Hero of the Soviet Union". On the TV every day on every channel (in different time on different channels) there was "hero of socialist labor" program which in 5-10 minutes introduced the most innovative workers, engineers, scientists and their innovations/discoveries.
This is called a meritocracy. Recognition is fine but economic advantage is contrary to the command economy philosophy where nobody is better than anyone else. (Its the primary flaw.)
@@faeden3333 who told you that in a command economy nobody's better than anyone else? People are different, what socialism does, is makes all the people owners of the means of production. You can imagine the whole country's economy as one company and the citizens as shareholders. Each shareholder has exactly one stock. If a new citizen is born the next stock is created. This ownership of the country's economy is your birthright and can't be revoked or sold. But obviously apart from dividends people also work and different people had different salaries. Salary disparity was about 8 times between the richest and the poorest citizens. So the more you work, the more you earn, the worse and less you work, the less you get. If you invent some new technology that increases the labor productivity (you achieve higher results by working less) like Stahanov for example, then apart from salary you'll get a huge reward.
i want to ask what are the pros and cons of government intervention in the market for necessity goods like egg, fish and chicken. Consider the effects to both consumers and producers.
Not too bad, planned economies were probably less efficient compared to Western Market economies by the 1970's, but the evidence suggests that while less efficient, the planned economies were able to achieve rapid industrialization, maintain economic stability, achieve a relative and rough equitable distribution of income, full employment and the welfare state.
It also depends on how you define 'efficiency', if your goal is to supply all people with what they need it is not very efficient to starve people through a artificial scarcity like money. If you want to concentrate wealth to as few as possible it is very efficient.
Nice try at making a video on command economies, however you don't understand what command economies are. They enable the government (and assuming a developed democracy, the people) to create any economy they want. A command economy could literally be the same as a market economy by simulating one (just profits go to the government instead of a rich individual). Yes some command economies are terrible, however command economies are a tool that can simulate any economy so they can be used to make terrible economies, or great ones.
Give us one example in the history of the world when an elected government established a command economy and the people did not starve and/or get murdered by their own government.
@@fantom5894 Capitalist nations were also despotic before capitalism, and they got vastly more wealthy afterwards. What you said is a silly approach that doesn't work in social sciences, that is essentially deterministic fatalism that you're using to say ''they were doomed from the start''. It may actually be the case, but the way you're describing it is non-scientific. Sort of like ''it's just the way it is, it's just like that''. That is not a scientific explanation by any margin.
This video will, I have been working on finishing my new videos first and will start working on the guided notes very soon. The guided notes will be up in August
But what about the massive advances in the scientific field? All of which, I remind you, have been heralded by the Soviet Union? A country that practically invented command economics. They got to space first people!
@@rft9776 Well.. Socialism as the first, not developed phase of communism existed in some States. In some of them I carried out the transition period from capitalism to the first phase of communism, i.e. to socialism. So your statement is quite defiant. It continues to be built.
This kid is not very be bright. A command economy does not have any advantages. Soviet industrialization was being financed by the West. Read Western Technology in the Soviet Union by Anthon Sutton. Likewise America has become poorer with a central banking system (command and control banking system).
i learned more from you then my own teacher.. thank you
I am glad I could help!
This is true
Tru dat
I want to ask how a command economy solves the three basic economy problems like what and how much to produce, how to produce and for whom to produce, because this is my assignment question 😂
Ahhh same and I don’t have the time to find out. Lol my assignment is due today even tho this was ported 7 months ago 😂
@@kashishsharma1447 I want an assistant, I need to write about eommand, and I want an assistant, because I do not know what to write
did u find the ans cause I got the same assignment
Same
The disadvantages of being told what to do can easily apply to capitalism because that's how a corporation or company works. Taylorism
The Soviet Government was also inspired by the Taylorist or Fordist model of industrial technique and scientific management. It was widely believed to be the most progressive and advanced way of improving production at the time of the early 20th century
Now it's probably less so. It does reduce the worker to the status of a cog in a machine, it is degrading and alienating, plus very authoritarian.
@@jcrios1917 Yes, it also never stopped using a very crude material balance formula to solve the issue of production despite better alternatives already being known and when mathematicians/engineers/economists would try to put forward superior equations and models their hyper-political, fossilized system would just reject it out of hand.
best thing about a planned economy no recessions or depressions
Planning makes good sense, regardless of economic climate.
Its true that Soviet went from an agricultural economy to an industrial power fast. They produced big quantities of goods but not really good quality.
Have you tried buying a car lately? There’s a long wait. Better lots of indifferently made cars on the lot available for purchase than well made cars you have to wait months for
@@fantom5894 sure but if the society has a good enough public transportation system to where owning a car isn't a necessity but rather just something you'd like to have for the sake of driving around, then it's not a massive issue, at least in my eyes
Great job Mr. Sinn! I'm your biggest fan. -Coach Crowder
Thanks again Mr.Sinn for this fruitful video...Am still waiting for World System Theory..
Prologer
very good explaining 🎉
Thanks for your work, you're obviously an educated person and I'd like to discuss with you one point about your video. Mostly I agree with what you said, but I find one of these points questionable. Namely, command economy kills incentive and creativity. I cannot agree with it, because in the Soviet Union was a huge initiative reward system. People who came up with an innovative ideas were getting reward payments, sometimes as large as 10 times the monthly salary, there were medals and ordens. For example orden "Hero of socialist labor" was the highest reward for civilian and was equal to military orden "Hero of the Soviet Union". On the TV every day on every channel (in different time on different channels) there was "hero of socialist labor" program which in 5-10 minutes introduced the most innovative workers, engineers, scientists and their innovations/discoveries.
The best comment. Thank you for helping to disperse the mephi around the planned economy and the Soviet Union as a whole.
This is called a meritocracy. Recognition is fine but economic advantage is contrary to the command economy philosophy where nobody is better than anyone else. (Its the primary flaw.)
@@faeden3333 who told you that in a command economy nobody's better than anyone else? People are different, what socialism does, is makes all the people owners of the means of production. You can imagine the whole country's economy as one company and the citizens as shareholders. Each shareholder has exactly one stock. If a new citizen is born the next stock is created. This ownership of the country's economy is your birthright and can't be revoked or sold. But obviously apart from dividends people also work and different people had different salaries. Salary disparity was about 8 times between the richest and the poorest citizens. So the more you work, the more you earn, the worse and less you work, the less you get. If you invent some new technology that increases the labor productivity (you achieve higher results by working less) like Stahanov for example, then apart from salary you'll get a huge reward.
Thank you!
Great video Sinn , thank you
i want to ask what are the pros and cons of government intervention in the market for necessity goods like egg, fish and chicken. Consider the effects to both consumers and producers.
Where are the Guided notes?
I was hoping that I didn't confirm that we are in an indirect command economy, We command through governmental incentives.
Thank you so much sir!! Again sir? Can I ask a guided notes? Thank you again sir.
Where are the guided notes I can't find them
Is command economy similar to a bank-based economy?
You are good man!
Not too bad, planned economies were probably less efficient compared to Western Market economies by the 1970's, but the evidence suggests that while less efficient, the planned economies were able to achieve rapid industrialization, maintain economic stability, achieve a relative and rough equitable distribution of income, full employment and the welfare state.
It also depends on how you define 'efficiency', if your goal is to supply all people with what they need it is not very efficient to starve people through a artificial scarcity like money.
If you want to concentrate wealth to as few as possible it is very efficient.
good videos. thank you
Thank you so much this helped me a lot!
Nice try at making a video on command economies, however you don't understand what command economies are. They enable the government (and assuming a developed democracy, the people) to create any economy they want. A command economy could literally be the same as a market economy by simulating one (just profits go to the government instead of a rich individual). Yes some command economies are terrible, however command economies are a tool that can simulate any economy so they can be used to make terrible economies, or great ones.
no, he explained it perfectly
Give us one example in the history of the world when an elected government established a command economy and the people did not starve and/or get murdered by their own government.
@@benbrown3770 Those nations were awful authoritarian despotisms before they adopted a command economy. So that argument is a non starter
@@fantom5894 Capitalist nations were also despotic before capitalism, and they got vastly more wealthy afterwards. What you said is a silly approach that doesn't work in social sciences, that is essentially deterministic fatalism that you're using to say ''they were doomed from the start''. It may actually be the case, but the way you're describing it is non-scientific. Sort of like ''it's just the way it is, it's just like that''. That is not a scientific explanation by any margin.
Corporations in the US are command economies
1/3rd of xx century patents come from ussr i just debunked a disadvantage
Not to mention they were the first to go to space, made the most powerful bomb, many different surgery devices, and Tetris.
where do i find the notes?
Says alot of advantages says 3
I can learned more about economic
good job explaining this :)
Bruh the guided notes link sends you to Paypal. Man really tried to pull a fast one on us
What about de-centrally planned economies??
that is an oxymoron.
@@nirad8026 How so?
@@skelly33333 planned economy is by definition a centralized economy. A de-centralized planned economy is impossible. Like monarchist republicanism.
Holy moly I have the work pages and I have no clue how they "go along with the video" I’m hella confused w this haha
where are these work pages? i don't see anything in the description
U need more subs
I thought this has guided notes?!?!
Jed Santiago what does him needing subs has to do with guided notes
This video will, I have been working on finishing my new videos first and will start working on the guided notes very soon. The guided notes will be up in August
no he does not this guy sucks
But what about the massive advances in the scientific field? All of which, I remind you, have been heralded by the Soviet Union? A country that practically invented command economics. They got to space first people!
They got to space first the same way America got to space second. = Captured German scientists
Soviet onion didn't invent them, they exist since the antiquity.
This cool yes and me is very smart am now in kindergaten I mean hi school am is also very smart thank vid
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Thxxxxxxxx
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reply if ur from soms/mms/faison
Yeh
Whoever bought the notes share them
ratio
Command economy is hell sucks here in the Bahamas
B-R-A-V-O
need more subcibers
A
my teacher mad me watch this what a drag
Quality comes from competition and free criticism
Apyr
Aksejekidd
Communism = good
@@rft9776 right can't jokes
@@rft9776 Well.. Socialism as the first, not developed phase of communism existed in some States. In some of them I carried out the transition period from capitalism to the first phase of communism, i.e. to socialism. So your statement is quite defiant. It continues to be built.
@@rft9776 Sorry for my english, im from albania)
@@tzeentch2202 capitalism sucks but atleast i can be sure I'll not starve to death.
@@tzeentch2202 your country Albania is poor because of Socialism
:( :(
im smart now
Your definition of a planned Economy is cringe.
bruh sound effect number 2
How?
This kid is not very be bright. A command economy does not have any advantages. Soviet industrialization was being financed by the West. Read Western Technology in the Soviet Union by Anthon Sutton. Likewise America has become poorer with a central banking system (command and control banking system).
And by 'A command economy does not have any advantages' you mean you are biased.
A
A