United Marxist Nations wrote:Herargon wrote:
Aahhh, so they paid the people according to their prestations, but also gave them social security, even if they were not working?
Do I understand it right?
Also, that reason of letting the USSR spend much money on an arms race by spending themselves much on it... I forgot about that. You are right; that could have been one of the other factors that led to the economic downfall of the USSR too. Thanks!
Not quite, benefits would be things like more vacation time, a car, a nicer apartment, even free college for children if someone consistently went over quota; the USSR had very little unemployment (less than 1% for most of its history), so caring for unemployment wasn't a big deal for it, as it would just sort of get them a job.
closed economies generally have a low unemployement rate.