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> Central planning has always proven to be an inefficient way to allocate resources Capitalism and planning isn't as far apart as it might appear. What is a l
by smallnamespace 9y ago
> Central planning has always proven to be an inefficient way to allocate resources
Capitalism and planning isn't as far apart as it might appear.
What is a large multinational corporation except a centrally planned bureaucracy incentivized to maximize profits to shareholders? And where is the majority of wealth in the West (especially in the tech world), except in the hands of multinationals?