X-Message-Number: 28389 References: <> From: David Stodolsky <> Subject: Re: Economics; David Stodolsky (off topic) Date: Mon, 4 Sep 2006 19:06:01 +0200 On 4 Sep 2006, at 06:20, Olaf Henny wrote: > In Cryonet #28377 David Stodolsky wrote in part: > >> "Similarly, the state >> planning system of the USSR generated annual growth rates of >> 12-14. %. >> during industrialization of the Soviet Union - achieving in a single >> generation what took capitalist economies much longer. Leading >> sociologists attribute the collapse of the USSR to the lack of >> democracy, not economic problems, in the first instance." > > Sorry David, you must have picked those figures straight out of some > > Soviet propaganda publication. Nothing could be further from the > > facts. Actually, these are well known facts. They were recently confirmed to me at a lecture by a leading expert on the development of the Soviet nuclear establishment presented at the N. Bohr Institute, Univ. of Copenhagen. http://en.wikipedia.org/wiki/Economy_of_the_Soviet_Union The economy of the Soviet Union was based on a system of state ownership and administrative planning. The Soviet Union forged the modern world's first centrally planned economy; and from a notably undeveloped position at the time of the Bolshevik Revolution, the Soviet economy developed into the second largest producer of industrial goods in the world after that of the United States. dss David Stodolsky Skype: davidstodolsky Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=28389