2 ms·
> that centralized planning doesnt work is just wrong :) look to walmart and amazon as examples of efficient central planning. Walmart is one of many players i
by twblalock 8y ago
> that centralized planning doesnt work is just wrong :) look to walmart and amazon as examples of efficient central planning.
Walmart is one of many players in the economy and it reacts to consumer demand when it decides what to produce and sell. That is not a form of central planning.
An example of central planning would be the government ordering Walmart to produce ten million bicycles per year and to sell them for $80 each -- regardless of how many people actually want to buy bicycles and how much they are willing to pay.