this post was submitted on 20 Aug 2023
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Do you guys support Centrally Planned Economies? Why? (midwest.social)
submitted 1 year ago by bizzle@midwest.social to c/askchapo@hexbear.net
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[–] Pandantic@midwest.social 0 points 1 year ago (2 children)

Do you believe in a centrally planned economy to provide tap water? If it works for tap water, why not for other things? It works for public housing too. It works for transport infrastructure. It works for railways. Why is it such a stretch to think that what you probably already believe in for water, railways, roads, education, housing could also run some clothing and furniture factories?

What about the worry of corruption with the central authority?

[–] GaveUp@hexbear.net 1 points 1 year ago* (last edited 1 year ago)

You purge the corrupted officials and revisionists from the government

[–] Vampire@hexbear.net 1 points 1 year ago (1 children)

Corruption is a real concern. No country in the world is free of corruption. Reducing it to the most minimal level requires a multi-pronged approach, including paying civil servants decently, setting a good culture, having oversight where people check other people's work (anonymously to avoid intimidation or collusion) and lots of other things. It's not a simple fix.

Corruption is not a curse that is particular to the public-sector. Economies with private ownership are also prone to corruption: Lehman Brothers, Enron, etc.

[–] bizzle@midwest.social 1 points 1 year ago* (last edited 1 year ago) (1 children)

Nobody ever talks about corruption in the private sector, and I'm glad you did.

[–] Vampire@hexbear.net 1 points 1 year ago

2008 financial crash was a crime committed by a small group of people