this post was submitted on 11 Jun 2022
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Socialism
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Yeah, that's a good point. The USSR was most definitely at a disadvantage compared to the other countries at the time due to circumstances outside its control.
I'm just not sure I'd consider economic growth to be the most important factor when the overall GDP was lower than other countries. Maybe its economy could have far surpassed the capitalist countries given time, or maybe it would have stagnated at a much lower point - there's no way to know. Which is why I don't think this graph proves very much.
Having lower GDP is a direct result of USSR starting at a disadvantaged position. What the graph proves is that the system consistently outperformed western alternatives in the progress it was making.