3 ms·
At the end are you suggesting that central planning is better? I think it is not, by a long shot. Free markets are chaotic and thus people especially non-produ
by afsina 11y ago
At the end are you suggesting that central planning is better? I think it is not, by a long shot.
Free markets are chaotic and thus people especially non-producers are scared form it. However, history showed us clearly central planners (especially Russian style) no matter what they tried it failed miserably and unlike free markets results were often measured by death toll. Markets are much more local and distributed. It has a huge advantage over central systems. Big Corporations with political ties harm free markets a great deal, but even than I say it fares better.
Many suggested with better technology central planning would have an edge, my counter claim is that with better technology free markets will have a further advantage.