5 ms·
The "Bureaucracy vs Markets" or "Top-Down vs Bottom-Up" debates are stale. These ideas had purchase a generation ago, when these ideas were proxies for Soviet
by netcan 6y ago
The "Bureaucracy vs Markets" or "Top-Down vs Bottom-Up" debates are stale.
These ideas had purchase a generation ago, when these ideas were proxies for Soviet vs American ideological sparring. That ended 30 years ago.
Meanwhile, it seems trite to have these conversations in the abstract... comparing Ecuador to the US. It's not like these ideas haven't penetrated the political realm. They've been paramount in politics, policy and political thought for decades. Local, National & International.
This is positively naive:
"a swing back toward a messy city and a messy marketplace full of small proprietors—what I've heard called "capitalism with more capitalists""
We need to either find new ideas, and importantly, new terms. At the least, we could mine some new old ideas. How about Khaldun instead of Smith for a change... he was the original anyway.
- Ar-Curunir 6y agoBoth the Soviet economy and capitalism as we know it are centralized economies; neither are bottom-up planned. Sure, maybe capitalism has some competition between large companies, but that's the extent of it.