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Command Economy Quotes

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Command Economy Quotes

“One of the signs of the imminent Apocalypse is the "bitterness of all waters," and anyone traveling through eastern Europe, the former Soviet Union and its satellites-everywhere that the command economy operated, with its callous disregard for anything but narrow-focused abstract principle-could be forgiven for thinking that the Apocalypse was no longer imminent but in full cry. There's hardly a river, stream, or brook that isn't contaminated with the runoff from human misuse, whether industrial effluents, agricultural pesticides and herbicides, or worse.”

“The problems of the global economy are not based in perception, but in the reality of prices, balance sheets and income statements, vast concentrations of wealth and power, precarious systemic imbalances, ruthless exploitation, and command economies mismanaged by Central State/Bank policy and manipulation.”

“What happened to the Soviet Union happened mainly for domestic reasons. It was a failure of the model based on a command economy and dictatorship. The rejection of freedom and democracy, the decisionmaking monopoly of one party, and the monopoly of one ideology all had a chilling effect on the country. That model turned out to be incapable of making structural changes. It did not open up ways for initiative and was overly centralized.”