Command Quote by Paul Samuelson
“Contrary to what many skeptics had earlier believed, the Soviet economy is proof that a socialist command economy can function and even thrive.”
About This Quote
Source Article: Economic Review, 1975
The Soviet economy shows a socialist command system can work and prosper.
In simple terms: Socialist economies can succeed.
Study alternative economic models.
Themes
Mood
Type
When to use this quote
- policy design
- academic research
- comparative economics
- development planning
Key Concepts
Questions to Reflect On
- What factors enabled Soviet success?
- Can these be applied today?
Context differs from modern economies.