American capitalism secretly adopted Soviet centralized planning principles in the 1960s.
Evidence
And there’s the irony. In the 1960s, a decade marked by an ideological and nuclear clash between America and the Soviet Union that almost blew up the world, Soviet planning principles were implemented with remarkable success in … the United States. Irony has seldom taken a more effective revenge over earnest ideology. — Yanis Varoufakis, Technofeudalism, 158
Categorization
- CANDY: A one-line conversation-starter irony: the Cold War superpower quietly borrowed the enemy’s planning model.
- corroborated: 2 independent passages support this claim — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 158
- XREF: connects to: US wartime capitalism was run on Soviet-style central planning; Postwar American business elites feared liberalism more than Soviet communism — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 1446; The Soviet Union studied applying American Taylorism under socialist production relations. (+9 more)
Broader Connections
- Postwar American business elites feared liberalism more than Soviet communism
#complicates(0.85) — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 1446 - The Soviet Union studied applying American Taylorism under socialist production relations.
#complicates(0.85) - US Cold War anti-communism reshaped the drafting of social and economic rights
#complicates(0.85) — Jessica Whyte, The Morals of the Market, 190 - Soviet centralization produced distrust by replacing market signals with personal blame
#complicates(0.85) — Russell Hardin, Trust and Trustworthiness, 842 - Postcolonial states choosing Soviet-style planning threatened the emerging neoliberal vision.
#complicates(0.85) — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 1263 - Soviet propaganda about US racism forced Cold War-era civil rights reforms
#complicates(0.85) — Nikole Hannah-Jones et al., The 1619 Project, 1275 - Capitalism absorbed the 1960s counterculture as a marketing resource
#complicates(0.85) — Tim Wu, The Attention Merchants, 593 - Capitalist power infected and colonized state, deliberative, and propaganda powers.
#complicates(0.85) — Yanis Varoufakis, Technofeudalism, 839 - The events of 1968 actually launched anti-communism and a new consumer capitalism
#complicates(0.85) — Aijaz Ahmad, In Theory, 96