The economy of the Soviet Union was based on state ownership of the means of production, collective farming, and industrial manufacturing. An administrative-command system managed a distinctive form of central planning. The Soviet economy was second only to the United States and was characterized by state control of investment, prices, a dependence on natural resources, lack of consumer goods, shortages of goods and services, little foreign trade, public ownership of industrial assets, macroeconomic stability, low unemployment and high job security.[15][16] A 1986 study published in the American Journal of Public Health citing World Bank data claimed that the Soviet model provided a better quality of life and human development than most market economies at comparable levels of economic development.[17]
The state was a worker state, composed of the proletariat and paid wages for administrative labor, not through capitalist accumulation of profits through an M-C-M’ circuit.
link me the wikipedia article please
Economy of the Soviet Union.
The state was a worker state, composed of the proletariat and paid wages for administrative labor, not through capitalist accumulation of profits through an M-C-M’ circuit.
The economy of the Soviet Union was based on state ownership of the means of production,
the state ≠ workers
the state = bourgeoise