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xenonite | 4 months ago

Specifically w.r.t to advertising: In socialist contries there is often only one single brand of a certain product. This removes the need for advertising. But without competition, productivity goes south with time.

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WalterBright|4 months ago

Socialist products never seem to be competitive in the world market. Nobody wanted to buy Soviet cars outside of the USSR, for example.

jncfhnb|4 months ago

People seem to like Medicaid just fine though

OkayPhysicist|4 months ago

There are notable exceptions. The AKM and RPG-7 are some of the most widely marketable weapons of all time.