Sunday, March 28, 2021
Central Planning by Business Is Not the Same as Central Planning by Government
Central Planning by Business Is Not the Same as Central Planning by Government
Central Planning by Business Is Not the Same as Central Planning by Government
This is a relatively new, and even imaginative critique of markets which has recently been circulating the meme-o-sphere. It looks like a pretty clever point at first glance, but it completely misses the mark on how and why markets work and why we advocate for them. There are several key differences between a so-called central plan issued by the CEO of a company and those issued by a commissar, or even a democratically elected senate or parliament.
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