Here is a 1933 article that reported on the “stunning successes” of the Soviet Union’s first (of many) “Five Year Plans”. These assorted attempts to develop economic vibrancy were dreamed-up by the various butchers of the Kremlin’s central planning committee; each one of these plans all had one thing in common that was never lost on the Russian people: they always involved the construction of new factories, but never the construction of additional housing. When it all came crashing down in the early Nineties, a former insider remarked that a foible was stitched into the hem of each and every Soviet economic scheme that guaranteed failure – and that was the creed of the Old Bolsheviks – that money itself was “bad”.
The Chinese don’t seem to have this problem.
Additional magazine and newspaper articles about the Cold War may be read on this page.
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Read about the “Soviet Congress”
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