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Back to the Future: Centrally Planned (or controlled??) Economies. Has technology now solved the structural defects of centrally planned economies. A history of the production of Bra's is used to analyse the failure of Soviet economic planning. But what about China? - is it centrally planned or centrally controlled as an economy. Does it deliver better economic outcomes for the masses. If so would the same technology not have made the USSR a sustainable model....so changing the course of history..
Back to the Future: Centrally Planned (or controlled??) Economies. Has technology now solved the structural defects of centrally planned economies. A history of the production of Bra's is used to analyse the failure of Soviet economic planning. But what about China? - is it centrally planned or centrally controlled as an economy. Does it deliver better economic outcomes for the masses. If so would the same technology not have made the USSR a sustainable model....so changing the course of history..