2 ms·
Because capitalism at least takes some signals into account through its pricing mechanisms; it only ignores externalities.
by ummonk 7y ago
Because capitalism at least takes some signals into account through its pricing mechanisms; it only ignores externalities.
- adamson 7y agoYou don’t think the Soviet economy would have collapsed much earlier than it did had it taken no signals at all into account? There are signals other than price that give you a sense of demand