Tag: economic planning

Running a Factory Under Soviet Socialism

 

Bitter Waters: Life and Work in Stalin’s Russia is a fascinating look at the Soviet economic system in the 1930s, as viewed from the front lines of that system. Gennady Andreev-Khomiakov was released from a labor camp in 1935, and was fortunate to find a job as a book-keeper in a sawmill. When the factory manager, Grigory Neposedov (a pseudonym) was assigned to run a larger and more modern factory (also a sawmill), he took Gennady with him.

Although he had almost no formal education, Neposedov was an excellent plant manager. As Gennady describes him:

Member Post

 

The coronavirus crisis has led to much discussion of modeling. One of the largest modeling projects in human history was the Soviet Union’s attempt to manage its entire economy on a top-down basis, including the use of sophisticated and then-state-of-the-art mathematical tools. Red Plenty…part novel, part nonfiction…is about the Soviet Union’s economic planning efforts as […]

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