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> Central planning clearly works fairly well internally for millions of corporations Can you describe the difference between leaving a broken corporation (as a
by jdminhbg 11y ago
> Central planning clearly works fairly well internally for millions of corporations
Can you describe the difference between leaving a broken corporation (as a consumer or employee) and leaving a broken nation state?
- RodericDay 11y agoI'm not an economist, but governments usually have what is called "monopoly on the physical means of coercion", there's geographic limits on human movement that are much reduced for capital, and governments are more likely than not "too big to fail", a status only few corporations achieve. My point is not to advocate central planning, I'm a big fan of markets. I just think some defenses of them are very disingenuous and poorly thought-out.
- qwtel 11y agoI'd be curious to see how something like private defense agencies [1] would work out in practice. [1]: http://www.daviddfriedman.com/Libertarian/Machinery_of_Freedom/MofF_Chapter_29.html http://www.daviddfriedman.com/Libertarian/Machinery_of_Freed...