this post was submitted on 27 Jun 2026
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How did finances in socialist countries work? (lemmygrad.ml)
submitted 1 month ago by reallybigShell@lemmygrad.ml to c/asklemmygrad@lemmygrad.ml
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Sorry if this a little silly of a question I haven't read much on the topic, but in a centrally planned economy, if everyone is a worker of a state owned business, how did the government have a budget surplus? Did they only rely on exports and tourism for state finances, because I can't think of other ways to generate state revenue surplus. Thank you for your answers.

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[–] Maeve@lemmygrad.ml 9 points 1 month ago

I don't think it's silly at all. I also want to know. I have a notion that's why Chinese and DPRK economies function as they do, and possibly Vietnam, but I really don't know.