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> an advocacy for central planning for capital No, it isn't. You can have democratic control over capital, respecting subsidiarity principle. It's no more cent
by js8 5mo ago
> an advocacy for central planning for capital
No, it isn't. You can have democratic control over capital, respecting subsidiarity principle. It's no more centralized or decentralized than under capitalism.
> But to eliminate capital markets and push it all into a central planner is bad.
If you have a high concentration of wealth you have the same centralized control, regardless whether the mechanism is capital markets or gosplan.