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> I showed through the Chinese example that Central Planning does not necessarily lead to any waste of human potential and almost certainly is responsible for t
by anon291 3y ago
> I showed through the Chinese example that Central Planning does not necessarily lead to any waste of human potential and almost certainly is responsible for the greatest use of human potential in the history of human civilization.
Hold your horses. I agree that Chinese central planning has done wonders for China. However, American-style distributed planning is still clearly superior. American GDP growth has been continuous for years, and America is currently completely outpacing China. Many economists predict China's decline over the next few decades as the centrally planned demographics cliff hits. I think it's foolish to be overly impressed by China, and I think your characterization of it as the 'greatest use of human potential in the history of human civilization' is completely off point.
> Let’s talk about the U.S. The US is extremely federal but almost all the useful infrastructure in the U.S. is still a result of central planning around World War 2. The highway system, the massive series of dams and other energy projects, land grant colleges, etc.
Hmm... well certainly some are, but the highway system is distributed planning. The feds centrally fund it, but individual states are responsible for actually planning the highway's routes, as long as certain conditions are met. The majority of American highways existed before the interstate acts. The acts simply brought them up to standards and ensured a consistent numbering system. For example, before I-5 was designated, there was the 'Pacific highway' (https://en.wikipedia.org/wiki/Pacific_Highway_(United_States) https://en.wikipedia.org/wiki/Pacific_Highway_(United_States...) built in a distributed manner by three states acting together at the behest of groups of individuals.
Moreover, a lot of American infrastructure is private: hospitals, banking, energy, rail. This was even more true in the developing years of the American economy. By the time the federal highway funds came in, America was already a 'developed' country, and had developed without much central planning.