>I have no doubt he was saying this in reaction to planned economies of the time. True, Nazi Germany was a planned economy and that's certainly not socialist i

>I have no doubt he was saying this in reaction to planned economies of the time. True, Nazi Germany was a planned economy and that's certainly not socialist in the sense of workers having control of the means of production. It can also be argued that New Deal or war economy WWII USA was a planned economy too. They both used the state to control the economy and to use public resources to contract out to private enterprises. The West still has relics of economic planning after Keynesianism through monetarism and central banking control.