https://bigthink.com/the-present/want-to-get-rich-major-in-economics/

    • Judge_Juche [she/her]
      ·
      edit-2
      3 years ago

      Goes on to talk about price controlled bread under the USSR, think he said it cost 14 kopeks for decades with no real change in price.

      I mean I know most economists are just priests for capitalism, but like the one thing most of they do know about the Soviet economy is that it was centrally-planned and as a result Rubles and prices didn't and couldn't function like currency and prices in a market economy. Like its really dumb even for an economist to try and apply capitalist logic to a fundamentally different system.

      Also, lol at anyone still talking about the "resource curse", like why aren't Canada or Norway cursed like Brazil or post-Soviet Russia.

      Is it becuase the latter two are getting brutally exploited by the former two? No, it's a curse, it's supernatural.

      • DJMSilver [he/him]
        ·
        3 years ago

        Exactly. There is no 'paradox' once you understand how imperialism works. Blow off these college courses, they know nothing compared to the proletariat.