4 ms·
Democracies can control the economy deliberately. Democracy without economic control is near anarchy and the democracy is debilitated, subject to the whims of t
by tehjoker 5y ago
Democracies can control the economy deliberately. Democracy without economic control is near anarchy and the democracy is debilitated, subject to the whims of the people that own production.
- cwkoss 5y agoThe US currently has a high degree of economic control AND is still subject to the whims of the people that own production.
- tehjoker 5y agoThat's true, and why the real answer is to depose the owners and have common democratic ownership.
- dorgo 5y agoGovernments exist to prevent/fix market failure. The only problem is https://en.wikipedia.org/wiki/Government_failure https://en.wikipedia.org/wiki/Government_failure
- joelbondurant 5y agoGovernment Failure is no longer relevant, in the holy name of the Science Ministry we pray.
- tehjoker 5y agoGovernments have existed before capitalist markets and they will exist after them too.