Tag: Management Incentives

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: