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Comment by 29athrowaway

The Allende administration intervened companies, and took on the task of managing production and logistics directly.

It resulted in a large, cascading failure, with scarcity and shortages everywhere. So as a last resort they created this solution, which seemed better than the previous approach: manage the economy via government appointed people, usually union leaders and friends.

Cybersyn was dismantled after the government was replaced through a coup.

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