• Buddahriffic@lemmy.world
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    6 hours ago

    Corruption. Soviet corruption was taking funds intended to buy x of y, priced at the cost of materials + labour + logistics for making x of y and delivering it to where it needs to be, but instead only buying (x - z) of y and pocketing the difference, but writing down that x were delivered, expecting that they’d just sit in storage anyways and by the time anyone figures it out, time, apathy, and incompetence will help avoid consequences.

    Western corruption is starting a company to produce y and when a government orders x of them, x are delivered but are priced at the highest price the company can negotiate, possibly while the other side of the negotiation is feeding them info for a tiny portion of the money saved (or more likely less direct kickbacks, like the promise of a job offer after they finish their government position). All x of y get delivered but the price is significantly higher than what it costs to produce them.

    Also R&D is priced in because it’s all done for the sake of making profit and must be recovered through the unit sales.