Word: outputted
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Neither is the command economy, the polaropposite (if there is such a thing) of the marketeconomy. Here production is God and the consumeris meaningless. Success is measured in raw output:pairs of shoes, tons of lumber, stacks of bricks...
This Alice in Wonderland economy extends to theindividual level as well. Why should Sergei workharder if he isn't rewarded for additional output?And even if he were rewarded by merit, he can'tbuy anything worth having with his money, sinceMoscow bureaucrats, not he and other Soviets, setthe demand for goods. And even if he could somehowget what he wants, it would be of only the lowestquality, since quantity and not quality isrewarded by Gosplan. Soviet televisions, forexample, are prone to explode...
...radical change from past Soviet policies,in June of 1988 Gorbachev decided to allow smallgroups of Russians to lease land for 50 years andsell on the market any output they produce overthe state-imposed quota. Not quite privateownership, but this piece of legislation is aconcession that incentives--the bastion ofcapitalism--are necessary in any economy...
...leading arts critic and longtime resident of Japan: "There's no reason for a Yellow Peril scare. The Japanese just want to milk the cows and pull in the profits that they know these studios create." Matsushita hopes to put half a century's worth of MCA creative output into new CDs, videotapes, laser discs and other formats. Besides producing movies and TV shows, MCA makes records by such heavy hitters as Elton John, Bobby Brown, Tom Petty and Fine Young Cannibals...
There are several. One is that action is needed now to restore the vital flow of oil to the West. But this has ceased to be a serious justification. The daily output of Saudi Arabia and other nations has risen sufficiently to restore world production to its pre-invasion level. Non-Arab holdings are estimated to be sufficient for decades more at current consumption levels...