Katherina Verdery, What was Socialism, and why Did It Fall (in What was
Socialism and what comes next? 1996)
What was socialism?
Production  consumption markets (surveillance and paternalistic
redistribution-bureaucratic factionalism )
Production:
Weak states: lacks legitimate support from the citizens.
Centralized planning (not planned, not controlled).
"Plan": targets, annual increase in targets
Manipulation by the managers
Padding of budgets
Hoarding

Economies of shortages
Capitalism
Competiton/profit
Competition-seller
☺☺☺
+labour
profit
Resources distributed
Surplus
Accumulating surplus value
Quality
Socialism
Competition/bargaining power
Competition-buyers/producers

- labour
Distributable resources
Resources at the centre
Redistributive power
Accumulating means of production
Guaranteed goods
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