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> Modern capitalism raises the flag of the free market while pitting centrally planned organizations against each other That sounds like it's a gotcha, but it
by boxed 3y ago
> Modern capitalism raises the flag of the free market while pitting centrally planned organizations against each other
That sounds like it's a gotcha, but it just isn't. Markets is about limiting the blast radius of bad dictatorships WAY DOWN. That's also why big corporations should be something that scares everyone. Maybe this isn't what the theoreticians think it's about, but that just makes the theory wrong, not the system.
> Millions starved during the Great Leap Forward because the central organization was trying something impossible: Managing the productive output of an entire country.
That's just one part of the problem and not even the biggest.
They also:
- moved all big farms from the "capitalists" who knew how to run them to random people who didn't (this has been done in several countries without planned economies and the disaster was just as big)
- decided to kill all birds in the fields because they thought they ate the grain (they ate the insects that ate the grains)
- ordered planting too close because of political ideas (even though the Soviet experts told them not to do this since the USSR had already tried this and had famines to prove it)...
on and on it goes... In short the central planning is just the tip of the iceberg of Chinese communist mismanagement.
> today’s most vaunted tech leader, Steve Jobs, was famously disrespectful of the opinions of others, yet made a lot of world-changing decisions
Not even close. He didn't accept people opinions and he didn't ignore them politely: he challenged them. If you convinced him he changed his mind super fast. "Strong opinions, loosely held".
This is what actually respecting others opinion looks like. It's just that most of us has never existed in a social situation where respect for opinions/ideas exists. We life in a world of pseudo-respect where we basically nod when people talk and ignore them.