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The hallmark of central planning is that the more technology advances, the more your economy falls apart due to the impossibility of calculating every detail ce
by cat_plus_plus 4y ago
The hallmark of central planning is that the more technology advances, the more your economy falls apart due to the impossibility of calculating every detail centrally. Good read on the subject:
https://www.amazon.com/Red-Plenty-Francis-Spufford/dp/1555976042 https://www.amazon.com/Red-Plenty-Francis-Spufford/dp/155597...
- jyriand 4y agoAlso known as "Socialist calculation debate"[1]. 1 - https://en.wikipedia.org/wiki/Socialist_calculation_debate https://en.wikipedia.org/wiki/Socialist_calculation_debate
- elzbardico 4y agoThe whole point of Brezhnev reforms was decentralizing and using market signals instead of pure central planning.
- thefringthing 4y agoI have always wondered about why the Yugoslav system of market socialism didn't succeed. It sounds like Brezhnev was trying to move toward that model.