saved by stealing neighbour's gold reserves twice
even after war a lot of states copied it
state capitalism also was used in south korea
like france
france had planning office until late 90s
france is france
and communists had finiancial ministry for a long time
mercantilism is in their dna
that wasn't mercantilism
Miterrand wanted to even prelong this
It's not an economic miracle to focus growth on heavy industry by reducing consumption (consequences of that aside) and neglecting investment in other parts of the economy.
and passed a bill of major nationalisation of banks and industrial sites
wrong
USSR didn't reduce consumption
that's simply a fake news
Ah of course
so you're saying they always had low consumption because they were the bottom dregs
in fact consumption before the war expanded for like 1/4 and that's conservative estimate
When export grain rather than eat it, how does that not reduce consumption
not to mention noncountable changes
like housing and education
those aren't included in consumption and still show standard of living
exporting grain to buy silk to make parachutes and watching ukrainians die
genius economics
stalin cut the grain exports when crisis developed
/\
that's true
but
explain your point what you mean by "export rather than eat"
USSR was net exporter of grain because it was simply producing more it could consume for most of the time
what should they do? sponsor state obesity? or get funds for chad industrialisation?
state obesity !!!!
It exported grain to import industrial equipment because there were balance of payment issues
truly a problem in 1930
s
This should be simple to understand
and what's wrong with it
explain your point
they could have stored some food maybe
most of industrialisations in the world are fueled by exports revenues
for the dark days
