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"Private central planning" is a contradiction. Nothing stops people creating competing funds, investing their savings in said funds, or investing directly in co
by IsaacL 9y ago
"Private central planning" is a contradiction. Nothing stops people creating competing funds, investing their savings in said funds, or investing directly in companies. I.e. in the private sector there's always the threat of competition, which changes the dynamic completely.
Granted it is a problem that 3 firms are so dominant.