> The economy runs on heroism. If you don't believe me, see how central planning went in the last century Ok...when the US and Europe were mired in depression

> The economy runs on heroism. If you don't believe me, see how central planning went in the last century Ok...when the US and Europe were mired in depression in the 1930s, the Soviet Union was going through breakneck growth, to where US and European workers were going to the Soviet Union in droves to make money. Then virtually all of continental Europe invaded the Soviet Union and were beaten back to the Elbe River. Then it launched satellites, men into space, and other innovations. Of course several decades into this growth, when Khrushchev decided to cut capital spending, that is when the trouble started - the same with Ulbricht. In the people's republic of China, decades of central planning and five year plans have led to it becoming the second largest, and by some measures the largest economy in the world. The policies swing back and forth, planning was very centralized for decades, then Deng Xiaoping did some decentralization, but as pretty much every western media source acknowledges, Xi has been centralizing more. Also there is an odd mythology in places like the US. A mythology where transistors did not take off due to the central planning of the US government and armed forces, who allowed centralized monopolies like Bell which invented the transistor, and then funded firms like Fairchild with large orders, before transistors were commercially viable for consumers and businesses. In this mythology the current stock market is mot going up or down due to heroic innovations, but due to the announcements of the federal reserve chairman.