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Articles talks about "planned economy". It should even precise "planned central economy". The deep flaw in it is generally that citizens are not included in the
by plesn 17y ago
Articles talks about "planned economy". It should even precise "planned central economy". The deep flaw in it is generally that citizens are not included in the loop of doing the plan !
Disclaimer: capitalism is also a planned economy (no there's no army of monkey deciding what to do), and at the top level (US government/financial circles/big companies/media networks) it is even mostly centrally planned... So: same problem...
- 1010011010 17y agoIf an economy is centrally planned at the top level... it's not capitalist.