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Well, for starters, I did not claim other things were better at this than Capitalism :). I don't know of a silver bullet. Planning can probably do it some time
by Ericson2314 5y ago
Well, for starters, I did not claim other things were better at this than Capitalism :).
I don't know of a silver bullet. Planning can probably do it some times, and probably not do it other times.
What I do know is that poverty traps are sort of a curse of short term optimization. So it's imperative to make people feel less precarious or they will not care about these things as much as the elites who like to sit around and mull about abstract world-historic issues.