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> That fact is a serious problem for a theory that claims this cannot happen under such a system. And many popular wonks do effectively make such claims. These
by slibhb 6y ago
> That fact is a serious problem for a theory that claims this cannot happen under such a system. And many popular wonks do effectively make such claims.
These theories claim that free markets are better at generating wealth not that closed markets can't ever, under any circumstances work at all.
- thaumasiotes 6y agoEven the claim "the USSR produced a billion tons of steel while causing only several million people to starve to death in perfectly avoidable ways" doesn't really pose any problems for the theory that its economic system is fundamentally incapable of working.
- deleted 6y ago[deleted]