3 ms·
Except central/distributed planning is orthogonal to capitalism itself. Capitalism loves centralization and monopolies, it makes rent extraction easier. But d
by p_l 3y ago
Except central/distributed planning is orthogonal to capitalism itself.
Capitalism loves centralization and monopolies, it makes rent extraction easier.
But different forces kept competition going, with cartel busting added to the mix to stop capitalism from circling the wagons too much against competition.