> Planned economies generally have not fared well in history, not only from economic value added perspective, but also from the fascist political systems they p

> Planned economies generally have not fared well in history, not only from economic value added perspective, but also from the fascist political systems they produce as a by product. The best-known planned economies were socialist and were under constant attack from outside capitalists (hard to make a buck on some other country making life better for its citizens). Socialists are notable because, like Woody Guthrie's guitar, they kill fascists. Capitalists tend to ignore that because they don't like to admit that strong capitalism is one of the pillars of fascism. If you can't be bothered to read a book, at least start with Wikipedia: https://en.wikipedia.org/wiki/Planned_economy https://en.wikipedia.org/wiki/Planned_economy