Thread by @NicolasDVillar1, All of my leftist followers should read these articles by Jehu

All of my leftist followers should read these articles by Jehu - It's about the working day, stupid! https://therealmovement.wordpress.com/2017/11/14/according-to-the-central-intelligence-agency-we-almost-reached-communism-by-1980/amp/?__twitter_impression=true

According to the Central Intelligence Agency, we almost reached communism by 1980

In the aftermath of World War II and the post-war reconstruction effort, the Soviet Union was beginning to look beyond reconstruction following the devastation of the world war to describe, in term…

https://therealmovement.wordpress.com/2017/11/14/according-to-the-central-intelligence-agency-we-almost-reached-communism-by-1980/amp/?__twitter_impression=true

https://therealmovement.wordpress.com/2017/11/17/how-the-argument-of-one-economist-helped-kill-the-soviet-union/

How the argument of one economist helped kill the Soviet Union

(Continued from part one) Obviously the Soviet Union never made it to a fully communist society, but what is unclear is why the SU failed to achieve its goal and why it subsequently collapsed. Mois…

https://therealmovement.wordpress.com/2017/11/17/how-the-argument-of-one-economist-helped-kill-the-soviet-union/

https://therealmovement.wordpress.com/2017/11/21/how-labor-hours-reduction-brought-about-the-collapse-of-the-soviet-union/

How labor hours reduction brought about the collapse of the Soviet Union

Pardon my heavy use of direct quotes in this post. I find it necessary to do this because I want to demonstrate in detail my chain of reasoning that leads to the admittedly controversial conclusion…

https://therealmovement.wordpress.com/2017/11/21/how-labor-hours-reduction-brought-about-the-collapse-of-the-soviet-union/

Straight from the horse's mouth

To spell it out: crisis in the USSR was from over-investment in producing more and more capital goods in the hope to increase productivity. Enterprises refused to utilize these goods to increase output because of the ratcheting effect inducing them to hoard labor & other inputs

Had their labor budgets been radically reduced, they would have been forced to actually utilize these capital goods to increase production. In such a situation, planners could have allocated more resources towards consumption goods, and we wouldn't have seen such big shortages

Planners may have had a big incentive to increase productivity, but managers, which benefited big time from hoarding these resources and would later form the basis for the new oligarch class, did not, and were likely behind this retreat for shorter working days

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