A Supermarket Visit Brought Down the Soviet Union

Re:A Supermarket Visit Brought Down the Soviet Union by gnarbarian on Tuesday January 17, 2023 @02:26PM (#34417375)

I'm saying that market economies work best when there is real competition AND demand for products that provide better lifetime value and utility.

Corporate media drives culture towards positions that benefit it rather than society.

The demand part is cultural. Lowering barriers to entry to enable more competition is political.

Both are needed to change course for the west.

[ Parent | on HN ]

Re:A Supermarket Visit Brought Down the Soviet Union by somethingreen on Wednesday January 18, 2023 @05:45AM (#34425300)

I don't disagree with what you are saying, I just find it funny that this discussion is happening in context of soviet planned economy, which had no market to speak of, no competition, complete politically moderated indirection between demand and production, and entrepreneurship being outlawed thus no concept of market entry.

[ Parent | on HN ]