X-Nico

2 unusual facts about Planned economy


Planned economy

The difference is that it was a primitivist planned economy, as opposed to the advanced technology of We or Brave New World.

The World State in Aldous Huxley's Brave New World and Airstrip One in George Orwell's Nineteen Eighty Four are both fictional examples of command economies, albeit with diametrically opposed aims: The former is a consumer economy designed to engender productivity while the latter is a shortage economy designed as an agent of totalitarian social control.


MaDonal

In the 1990s, he applied for permits to create a McDonald's in Iraq, but the McDonald’s Corporation turned him down, due to economic sanctions imposed during the regime of Saddam Hussein, as well as the controlled economy of Iraq at the time.

Nikolay Alexandrovich Milyutin

After the revolution Milyutin held various executive appointments in Communist Russia related to social security, central planning and finance; reaching that of Commissar of Finance of the RSFSR in 1924–1929.


see also

Criticisms of socialism

Peter Self criticizes the traditional socialist planned economy and argues against pursuing "extreme equality" because he believes it requires "strong coercion" and does not allow for "reasonable recognition for different individual needs, tastes (for work or leisure) and talents."