AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
#444 – Vejas Liulevicius: Communism, Marxism, Nazism, Stalin, Mao, and Hitler
Lex Fridman Podcast
Incentives Matter: The Downfall of Productivity
The decline of agricultural productivity in the Soviet Union illustrates how the removal of incentives negatively impacts motivation and output. The shift from individual farming to factory-style enterprises led to a disconnection between labor and rewards, fostering a culture where effort was not meaningfully compensated. This system resulted in a pervasive sentiment among workers of futility, as they engaged in mere appearances of work without the drive to excel. Additionally, collectivization restricted the mobility of peasants, trapping them in place and creating a feudal-like structure that stifled personal initiative and economic growth.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode