Could be. Didn't stop the USSR from churning out heaping mounds of hot garbage, though.
Good companies mix both long term planning and reactive processes
The fundamental advantage of corporations over centrally planned states is not their time horizon, but our tolerance to allow them to go bankrupt.
Markets out perform voting by concentrating power in the hands of those who make good decisions (where "good" is defined by the market).
I suggest that perhaps one factor that makes this trust hard to achieve in the US today is the greater misalignment of incentives that comes with making the principal–agent relationship so temporary. But clearly that is not the only situation where trust could be low. I think we can agree that, despite Stakhanovite rhetoric, trust and autonomy was very low for most workers in the USSR, no?
(Also, the USSR did remarkably well at producing products considering the impoverished capital and skill basis it started from, and also considering the destruction of the German invasion. From the October Revolution to Sputnik was only 40 years: in two generations of bloody genocide, from a backward peasant society to world technological leadership.)