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The free market isn't perfect, but it's been historically better than centralized economic planning.
by chaostheory 5y ago
The free market isn't perfect, but it's been historically better than centralized economic planning.
- timeon 5y agoI'd like to think that there are gradients between opposite peaks.
- Xylakant 5y agoI don’t believe your parent is arguing for centralized planning in any shape or form. Even the US knows rules for markets - it’s never entirely free. European laws just set more rules and give the consumers more rights - something I consider useful where there’s a strong imbalance in knowledge and power between the consumers and the companies offering a service.
- chaostheory 5y ago> I don’t believe your parent is arguing for centralized planning in any shape or form. National regulation is a form of centralized economic planning. Is it always bad? No. Is it always good? No.