this post was submitted on 09 Aug 2023
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By their own admission, the economy of the Soviet Union was "state capitalism". Means of production were not owned by private individuals and companies (as in capitalism) but also not by the people or workers (as in socialism). They were owned by the state, and since the state was not democratic, this does not count as shared or public ownership. This may have been meant or justified as temporary at the start, but it did not change.