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by farmdve
809 days ago
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Before the 90s, Bulgaria was manufacturing almost everything, it had its problems, but it functioned from what we've been told. Afterwards every single factory was shuttered, sold to individuals for the equivalent of a dollar. After the borders were opened up, we experienced a huge outflow and all the smart people left. We are now a fast shrinking country, poor and even today the political scene is a joke. |
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IMHO the ideological markets are very dangerous, gives you the wrong feedback on your output and makes you completely reliant.
USSR pumps oil, digs minerals and uses the income from that to purchase stuff from Bulgaria not because Bulgaria is the best(it might have been the best or very good at one point) but because politics. Then Bulgaria doesn't have proper feedback and instead of investing to advance its computer business keeps doing the same when the west with their real markets leaps ahead. Then one day the only customer who bought Bulgarian stuff for ideological reasons is gone and Bulgaria finds out that they don't have any customers anymore because they didn't invest in advancing their tech because they didn't need to.
Unfortunately, the west today has a similar problem of ideology based markets but its nowhere nearly as bad as the situation in Communist Bulgaria.
One argument might be, if the system worked why wouldn't keep doing it? Because its again very dangerous. If the USSR survived and Bulgaria was kept being the tech powerhouse of USSR with a few nodes behind the state of the art, Bulgaria might have been compelled to send the troops for the invasions USSR might have started because that's how empires work(Bulgarian economy collapsing the moment Russia decides not buying from Bulgaria since it disobeys). Notice that the Russian soldiers in Ukraine come from far eastern regions of the Russian federation, that would have been the fate of Bulgaria today.