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368 pages, Paperback
First published January 1, 2013
For a while...it seemed as if these new, state-managed structures might generate a dynamism to match that of capitalism. What they lacked in entrepreneurial flair they made up for in systematic commitment to high levels of education, in the introduction of modern technologies, and in the massive organizational capacity of powerful and ruthless states using modern technologies of communication. But in time their innovatory sluggishness...ensured that they would fall behind their capitalist rivals in productivity levels, in innovation, and eventually in military capability.