3 ms·
> One of the reasons groups like the USSR The 'USSR' starved in the 90s after the fall of communism. > Serious Communist China ended with everyone starving O
by simpletone 3y ago
> One of the reasons groups like the USSR
The 'USSR' starved in the 90s after the fall of communism.
> Serious Communist China ended with everyone starving
Oh this nonsense. Serious Communist China had to deal with nuclear threats from both the US and the USSR. Serious communist china tok a back water colonized nation to a nuclear power within a single generation.
> there is literally no known method to determine the correct price without mass signalling through a free market.
You have it backwards. 'Free markets' led to 'starvation'. That's why we, in the US, have farm subsidies. A form of 'price control' along with many other measures. There is no nation ( especially a major ) on earth that has a 'free market'. There was also never a time when we had 'free trade' either. I'll let you figure that one out by yourself.
Every industry, from housing to oil, has price controls on them. It's all a matter of the degree and levers used.
The same idiots who praise government subsidies to build up our own chip industry are whining about 'price controls'.