The Soviet Union and China aren't "a little bit of central planning" though. They're entirely centrally planned, with little to no market influence. Having the

The Soviet Union and China aren't "a little bit of central planning" though. They're entirely centrally planned, with little to no market influence. Having the markets captured by private actors winds up badly too - that's why "a little bit of a central planning" goes a long way - it can take the rough edges off of Capitalism and structure markets to result in fair, distributed outcomes.