RadioRaheem84
18th October 2010, 16:50
There had to have been something working for so long in the former USSR that we do not give it enough credit. Even classical economists like Ha Joon Chang of Cambridge argued well against the myth that state owned enterprises are somehow less profitable and less efficient than their private counterparts.
We all know that the private/public split is idealogical bullshit in many regards. State owned firms in France could own stakes (sometimes major) in private firms in other countries. There are many Singapore state owned companies that have fat diversified portfolios in different interests ranging from oil, finance, etc.
Some of these companies subsidize public social welfare programs and other worker initiatives. So something had to be great in a country supposedly dedicated to central planning at all levels.
Granted this is not the ideal and I am not advocating for merely "state-capitalism", but at the same time, are there any books, articles, journals people can direct me to about successful Soviet Planning? Everything from public infrastructure, urban planning, process of investments, how state owned firms worked.
I have one book about the Soviet process of investments I am reading but it's mostly written from a negative p.o.v. by someone who was a former consultant to many of the former bloc nations on privatization.
Point is, I think we knock down the USSR too much and never focus on some of the things that actually did work and did prove that central planning beats market driven economies (as we see with how the former USSR blocs are now).
We all know that the private/public split is idealogical bullshit in many regards. State owned firms in France could own stakes (sometimes major) in private firms in other countries. There are many Singapore state owned companies that have fat diversified portfolios in different interests ranging from oil, finance, etc.
Some of these companies subsidize public social welfare programs and other worker initiatives. So something had to be great in a country supposedly dedicated to central planning at all levels.
Granted this is not the ideal and I am not advocating for merely "state-capitalism", but at the same time, are there any books, articles, journals people can direct me to about successful Soviet Planning? Everything from public infrastructure, urban planning, process of investments, how state owned firms worked.
I have one book about the Soviet process of investments I am reading but it's mostly written from a negative p.o.v. by someone who was a former consultant to many of the former bloc nations on privatization.
Point is, I think we knock down the USSR too much and never focus on some of the things that actually did work and did prove that central planning beats market driven economies (as we see with how the former USSR blocs are now).