Yes let’s have “5 Year Plans” with centralized control instead of the free market, what could possibly go wrong? If only we had a large country that tried that and failed miserably to see what could go wrong.
Yes let’s have “5 Year Plans” with centralized control instead of the free market, what could possibly go wrong? If only we had a large country that tried that and failed miserably to see what could go wrong.
Or, hear me out, we could socialize health care and tax the rich rapists that are currently running the country to end poverty in the richest country in the world.
We don't have the free market. We've never had the free market. Every economy has always been under some degree of regulation and centralized control simply by virtue of existing within the context of a society and government that enforces laws and levies taxes.
The government has never controlled the means of production for the most part except for “natural monopolies” like utilities, cable etc where everyone should be served and it doesn’t make sense to try to have two companies building out infrastructure
For some narrow definitions of 'control', and ignoring regulatory capture