After Russia reverts to centrally planned and state driven economy, all of a sudden economic growth in Russia is beating the west. (www.telegraph.co.uk)

submitted 9 months ago by yogthos@lemmygrad.ml to c/worldnews@lemmygrad.ml

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[-] Shrike502@lemmygrad.ml 13 points 9 months ago

Since when is Russian economy "centrally planned"? Do we have a different definition of it?

[-] yogthos@lemmygrad.ml 15 points 9 months ago

My understanding is that state owned enterprise has become very dominant in Russia after the start of the war, and a lot of private business is now being state directed. So, I think it's fair to say that the commanding heights of the economy are largely under state control now.

[-] comradecalzone@lemmygrad.ml 4 points 9 months ago

That's not based on the article is it? The article seems to attribute growth primarily to the war economy.

[-] yogthos@lemmygrad.ml 11 points 9 months ago

The war industry isn't actually that big of the overall percentage of the overall economy. Western publications tend to focus on the war industry as the explanation, but the reality is that western decoupling opened up a lot of economic niches that are now being filled domestically.

[-] LarkinDePark@lemmygrad.ml 8 points 9 months ago

state owned enterprise has become very dominant in Russia after the start of the war

Kind of what he said?

[-] comradecalzone@lemmygrad.ml 3 points 9 months ago

Yeah, I read the comment. The thesis of the title isn't supported by the article, which makes for a confusing read.

this post was submitted on 30 Jan 2024

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