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I've also lived for 40+ years, but don't profess expertise from the same experience. :) Conflating economic with government / ideological constructs is a comm
by Jedd 9y ago
I've also lived for 40+ years, but don't profess expertise from the same experience. :)
Conflating economic with government / ideological constructs is a common trap. Centralised & planned economies are common everywhere, I think, but in 'the west' they're just masked a bit more creatively -- and, of course, they're not planned by the state.
- nine_k 9y agoA completely centralized economy in just one narrow area, like phone communication, would be named a monopoly, and likely forcefully split. Now imagine state monopoly on everything, and you're close to understanding what a Soviet-style centralized planning looked like.