Music Banter - View Single Post - The Official Youtubers Thread
View Single Post
Old 05-01-2021, 02:34 AM   #389 (permalink)
jwb
Account Disabled
 
Join Date: Jul 2019
Posts: 4,403
Default

lol

You keep saying "more nuanced" yet thus far you've provided very little detail or nuance to any of your arguments. It's starting to feel like you don't even really understand the topic in question you are just repeating talking points you heard from people you assume to be smart.

When people say planned economies don't work they are usually referring to the calculation problem which is basically a concept that refers to the inevitable misallocation of resources that happens when a centralized state power tries to step in and replace the market structure of supply and demand through centralized mechanisms. A clear example of said misallocation of resources would be the massive artificially caused famines that resulted from policies like the 5 year plan.
jwb is offline   Reply With Quote