Word: planecon
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Dates: during 1985-1985
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...Soviet economy: "Soviet workers think that robots work too fast, and sabotage them. Supervisors have to build fences around the robots." Managers fear that testing new technologies will disrupt production and thereby prevent their factories from fulfilling assigned quotas. Says Herbert Levine, an expert on the Soviet economy at PlanEcon, a Washington consulting group: "All technological change means risk and a measurably high percentage of failure. Bureaucracies do not tolerate failure well...