Why The Soviet Union Went Broke: The Supermarket That Destroyed an Empire
Автор: HiddenLogicOfficiaL
Загружено: 2026-01-11
Просмотров: 5
Описание:
The Soviet Union was a nuclear superpower, but it couldn't feed its own people. In this finale of "Empires & Economics," we explain why the USSR collapsed economically. It wasn't the Arms Race; it was the failure of Central Planning.
In this video, we analyze:
The flaw of "Gosplan" and Central Planning.
The "Shortage Economy": Why there were always lines.
The lack of "Price Signals" explained.
The Boris Yeltsin Supermarket Moment (1989).
Why the USSR produced useless goods (The Nail Factory paradox).
The role of Oil prices in the rise and fall of the Soviets.
Why did Communism fail economically? Watch to find the Hidden Logic.
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