How communism works

The Five-Year Plans for the National Economy of the USSR (Russian: пятилетка, Pyatiletka) were a series of nation-wide centralized exercises in rapid economic development in the Soviet Union. The plans were developed by the Gosplan based on the Theory of Productive Forces that was part of the general guidelines of the Communist Partyfor economic development. Fulfilling the plan became the watchword of Soviet bureaucracy. (See Overview of the Soviet economic planning process) The same method of planning was also adopted by most other communist states, including the People’s Republic of China, and India‘s pro-Soviet government in the 1950–60s. In addition, severalcapitalist states have emulated the concept of central planning, though in the context of a market economy, by setting integrated economic goals for a finite period of time. Thus are found “Seven-year Plans” and “Twelve-Year Plans”.