Re:The 2 Simple Reasons the Soviet Union Was Doomed to Fail
by elblanco on Friday November 19, 2010 @08:57AM
(#1921384)
If you look at global markets the same way, the fall of the Soviet Union was also remarkably localized, it's just that the Union and its Satellite states covered so much of the planet.
[ Parent
| on HN ]
Re:The 2 Simple Reasons the Soviet Union Was Doomed to Fail
by JabavuAdams on Friday November 19, 2010 @11:43AM
(#1921837)
At that scale, this starts to be an abuse of the word "localized". If you look at anything from far enough away it seems insignificant.
Scale matters. Most of the time when companies in a market system collapse, very few people starve or die.