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Twen cen communists failed by trying to pick winners. It proved impossible for central planners to, for example, determine exactly how many meters of type 2 cop
by Daniel_Newby 13y ago
Twen cen communists failed by trying to pick winners. It proved impossible for central planners to, for example, determine exactly how many meters of type 2 copper pipe to manufacture. They would end up in absurd traps like not being able to expand copper pipe production because of a shortage of copper wire.
That is nothing like giving people €1000 and letting them decide how much if any copper products to buy.