Capitalism works better than command economies, within certain domains, because it's a more immediate feedback mechanism. Rather than peasants dying in the fiel

Capitalism works better than command economies, within certain domains, because it's a more immediate feedback mechanism. Rather than peasants dying in the fields while Comrade Stalin reports another glorious success of the five-year plan, the peasants can simply go and buy themselves food. I'm not sure how effective an incentive system it is once your basic needs are met though. Lots of people don't seem to have ambitions for which large amounts of money are a desirable aspect. Not that they'd turn it down if you offered it to them, mind, but they don't work to advance themselves either.