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Interesting interview. However, the notion of a "planned economy", even for a left-wing person such as yours truly, echoes of dreadful communist five-year plans
by mercurial 13y ago
Interesting interview. However, the notion of a "planned economy", even for a left-wing person such as yours truly, echoes of dreadful communist five-year plans. I remember, in Accelerando, the idea of algorithmically assigning resources, but it sounds very hard to do in practice, even though our current economic model is both unfair and headed for disaster in the not-so-long term.
- kungfooguru 13y agoOur current economic model is also very planned, just not by and for the right people and reasons. The five-year plans were to bring a backward feudal country into the 20th century. That isn't to legitimize the abuses any more than it is legitimize the abuses the US and other countries (slavery and other labor abuses) committed to advance themselves to the level they are at.
- mercurial 13y agoIf you mean that special interests influence government policy, I'll be forced to agree with you. However, this is widely different from what is commonly understood as a "planned economy". Nobody sits down and decides of the economic output necessary.