GenZhou

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GenZhou is GenZedong without the shitposts

See this GitHub page for a collection of sources about socialism, imperialism, and other relevant topics.

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GrainEater@lemmygrad.ml

ComradePupIvy@lemmygrad.ml

Why didn't the soviets, Chinese, etc. Make a new form of statistics to more accurately reflect economic output? (Or if they did, why is it not used more often?) (lemmygrad.ml)

submitted 2 weeks ago by King_Simp@lemmygrad.ml to c/genzhou@lemmygrad.ml

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A lot of people on here talk about how GDP isn't a good statistic for measuring economic output. And I don't disagree, but it does make me wonder why I've never seen a different form of statistics developed by a socialist country. If there is a better way to measure economic output in terms of socially necessary labor or such then I would think that some economist or ministry would make one after 100 years of existing socialism around the world in some for or another

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[–] knfrmity@lemmygrad.ml 13 points 2 weeks ago

AFAIK they kind of do. They don't have nearly as much in terms extractive activities going on in their markets (rents, private debt, etc.) so the GDP numbers are far more reflective of the true societal production