The Soviet model and the economic Cold War: A vindication of the viability of socialism

The most devastating rebuttal of socialism – eclipsing all the evils and failures capitalist system is that it just does not work; for which prime evidence (alleged) dismal performance USSR’s economic model state ownership planning. Underpinning narrative are pro-market theories falsified, in what they say about capitalism, by our daily experience; this article challenges their claims explanations regarding socialism. attempt to build an economy could power road a communist future encompassed astonishing successes, as well serious difficulties presaging its eventual defeat. To understand these problems, achievements, requires consideration something absent from prevailing narratives “actually existing socialism” 20th century: huge importance international technology transfers development, deployed USA - during Cold War, increasingly again today imposing sanctions reinforce global dominance.