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With a POD on or after 1 January 1961 (the 10-for-1 currency reform date), prevent the economic decline of the USSR while maintaining State ownership of business at 1961 levels. All reforms except reintroduction of private enterprise are allowed/encouraged.

My thoughts:

1. Allow the ruble to trade on world currency markets. This will eliminate the need for separate foreign-currency stores and facilitate trade.

2. Eliminate/reduce the privileges that went with CPSU membership so as to eliminate/reduce the number of people with corrupt motives who join.

3. Planning from the bottom up instead of the top down. Enterprises would be allowed to set their own targets to meet demand for their products, and fail or succeed based on merit. (Some will say "that's capitalism", but I disagree, as long as the enterprises are State owned, it isn't capitalism.)

4. Civil liberties comparable to the West except where an obvious direct threat to the system of State ownership exists.

5. Multi-candidate elections with still one Party, or possible tolerance of other parties with a Constitutional guarantee that the CPSU gets a majority or 2/3 of the seats in all soviets. (IOW, other voices can be heard and considered but can't take power.)

6. Absurdities in prices to be abolished. For example, IOTL, bread was cheaper than the grain used to make it. Farmers would buy bread to feed their pigs. The authorities tried making it illegal but that didn't stop it. Raising the price of bread just enough to make it no longer profitable to feed it to pigs would have been a better solution. (Perhaps with a ration system that every human was entitled to just enough bread for him or her self at the lower price.)
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