LogFAQs > #928287030

averagejoel posted...

even if this is true (which I'm gonna need to see a source for by the way)

When your industry is so shockingly inefficient the statistics seem made up.

https://www.jec.senate.gov/reports/97th%20Congress/Soviet%20Economy%20in%20the%201980s%20-%20Problems%20and%20Prospects%20Part%20II%20(1186).pdf
https://www.jstor.org/stable/2493038?seq=1#page_scan_tab_contents
https://www.nytimes.com/1990/08/19/world/on-soviet-farms-collective-indifference.html
https://www.chicagotribune.com/news/ct-xpm-1991-11-03-9104080856-story.html

In 1966, for example, the private sector produced 64 percent of the USSR's total gross production of potatoes, 43 percent of total vegetable production, 40 percent of meat, 39 percent of milk, and 66 percent of its egg production. Of paramount significance is the fact that the private sector produces these quantities on only slightly more than 3 percent of the USSR's total sown land

Yes, Soviet industry was that inefficient. It's kind of why the entire economy stagnated in the 70s and every socialist state that didn't carry out market reforms collapsed. Profit-seeking and private enterprise are both crucial if you want to incentivize investment and innovation.

Socialism does not work.