• Large professional centrally planned economies do a better job of managing scarce resources than a pack of ill-informed and uncoordinated Wall Street Lemmings.

    • @WildPalmTree@lemmy.world
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      46 days ago

      Sometimes. And when they dont, there is no one to stop them. It’s the age old problem of a wise despot. Just dressed in different clothes.

      • It’s the age old problem of a wise despot.

        When you’re governing wisely, there is no need to be despotic. Conflicts and contradictions necessitate a large militant police state to keep the lower class in line. But when you’ve got generous surpluses and a rising quality of life, people are generally happy and easy to govern.