3 ms·
Can you provide evidence that a centralized economy is inefficient?
by consonants 13y ago
Can you provide evidence that a centralized economy is inefficient?
- contingencies 13y agoBureaucrats and the growth of bureaucracy.
- consonants 13y agoCounterpoint: capitalists and the growth of inequality. I find it hard to believe that a group of people who act in complete self interest can or should efficiently and effectively distribute vital resources. See: oil, diamonds, and commodities in general.
- acheron 13y ago"I find it hard to believe that a group of people who act in complete self interest can or should efficiently and effectively distribute vital resources." 1775 called, it wants its understanding of economics back. https://en.wikipedia.org/wiki/The_Wealth_of_Nations https://en.wikipedia.org/wiki/The_Wealth_of_Nations