this post was submitted on 09 Nov 2024
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He was just kind of bad at management. He didn't see the importance of computers and didn't have good policies to reverse the stagnation.
I read that alot of Brezhnev's policies were a return of capitalist elements, such as allowing economic enterprises to "fail" if they were unprofitable and making housing more market-like.
In a vacuum, I don't like these policies, but maybe they make more sense in context, I'm not sure. I know some limited reforms in the housing market were helpful.
Didn't USSR have like 5% GDP growth per annum during the Brezhnev stagnation? (not that GDP is really an important economic indicator)