One problem is that non-market systems are slow to adapt to new ideas and new technology. I guess it's debatable as to whether this is the result of underperformance in planned and non-market economies in general or if it is specific to resistance or risk-aversion in those systems.
For example, there's a good (but long) article from Fortune magazine from 1985 about the failures of Soviet computing, not necessarily from a technical standpoint but the failure of bureaucratic administration in the country as a whole.
That said, I'm not inclined to believe that any form of collective economics is going to be at all useful simply because the technology improves.
For example, there's a good (but long) article from Fortune magazine from 1985 about the failures of Soviet computing, not necessarily from a technical standpoint but the failure of bureaucratic administration in the country as a whole.
That said, I'm not inclined to believe that any form of collective economics is going to be at all useful simply because the technology improves.
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