Mar 18 • 22:02 UTC 🇱🇻 Latvia TVNET

The fulfillment of Russian citizens' dreams would be a return to the Soviet planned economy

Russian citizens view the planned economy of the Soviet Union as an ideal model for the country, believing it could effectively control inflation and produce all necessary goods domestically.

According to a recent study, many Russian citizens consider the planned economy of the Soviet Union as an exemplary model for the country. They echo sentiments that this type of economy could ensure that almost all goods are produced domestically while inflation is kept under control through fixed pricing mechanisms. This nostalgia for the Soviet model reflects a longing for perceived stability and self-sufficiency during a time of current economic challenges in Russia.

Participants in the survey believe that the planned economy benefits from abundant 'natural resources that are seen as nearly inexhaustible' and a 'wealth of human capital'. This sentiment indicates a strong belief among Russians that such an economic system would empower the country to produce various goods, including consumer products, solely within its borders. This perspective showcases a desire for economic sovereignty and security, contrasting with contemporary issues such as dependency on imports and external markets.

The framing of a 'state-factory' model resonates deeply with the need for national pride and industrial prowess among the Russian populace. The study's authors refer to this as Russia's 'core economic narrative,' suggesting that the idealization of the Soviet economy aligns with contemporary political rhetoric aimed at reinforcing sovereignty and industrial strength. In this context, calls for a return to such a system may have significant implications for Russia's economic policies and its relationship with global markets.

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