3 ms·
Subsidies don't really count as central planning. It's a way to nudge market participants in a certain direction but they still have autonomy.
by cinntaile 4y ago
Subsidies don't really count as central planning. It's a way to nudge market participants in a certain direction but they still have autonomy.
- ajuc 4y agoI don't really care about labels, but if you credit capitalism for cobalt mining increase achieved in states with hybrid economies because the part that helped was free market in spirit - then you should also credit central planning when the situation is reversed.