Soviet Industrial Growth Rates #history #marxism #work #workers #job

The USSR transformed a backward peasant country into an industrial superpower in less than a few decades. How was this possible?

Firstly, the USSR achieved extraordinary growth. Between 1929 and 1937, output expanded by about 20 percent a year, while capitalist economies averaged less than 0.3 percent. From 1913 to 1954, steel production increased nearly tenfold; in capitalist countries it only tripled. Electricity output rose from 2 to 150 milliard kilowatt-hours. Rail-freight turnover increased thirteen-fold, while the capitalist world managed only two-fold growth.

These results came from scientific planning of the national economy. Under capitalism, production is socialized, but profit is privately appropriated. Under socialism, production is planned for efficiency. The Five-Year Plans ensured stable growth by mobilizing workers and aligning output with national priorities.

The significance lies in one key detail: capitalism stagnates through boom-bust cycles. Socialism flourished during the global crisis and outproduced capitalist nations, using existing means of production more effectively.

This was no miracle. It was socialism in practice. It showed what a planned economy; production freed from profit and the fetters of capital, can do.

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#history #marxism #work #workers #job

Видео Soviet Industrial Growth Rates #history #marxism #work #workers #job канала Politsturm International