I need someone to refute a hypothetical argument I've conjured up on the topic of planned economies...
>Has China proved that planned economy is superior to both capitalism and Stalinist planned economy?
Here goes:
China's planned economy has for three decades now delivered an average growth rate of 10 percent (9.82 % to be more exact), but wouldn't a planned economy in a healthy workers’ state achieve much more than what China is achieving? In China, enormous resources are wasted due to corruption, competition between bureaucrats in the public sector, and because the initiative and creativity of the working class isn't harnessed in production.
Wouldn't a "world socialist federation", using even greater economies of scale and specialization as well as abolishing the cost of the military and war, easily spread a multiple of the Chinese growth rate worldwide?
1. China's growth is half real, half smoke and mirrors. Look into their practices on real estate, investment, etc... It's all designed to *look* good, without having the substance that real growth is comprised of. Chinks only ultimately care about face, looking good.
2. Any of this is possible because its not a planned economy. Planned economies are a joke, because they are vastly too complex for anyone to conceive of, let alone design. They are emergent systems. In reality you can't plan the economy.
3. You are fucking dumb
Austin Morris
>You are fucking dumb
What the fuck is wrong with you. Why would you say that to me, are you disturbed?
Anyway, your post doesn't even have substantial info, and you sound like you know jack shit about economy i.e repeating le trendy Cred Forums lines of wizardom- I mean wisdom.
Benjamin Lewis
China became something when it liberalized huge parts of it's economy.
As a full planned economy, China was shit and people did not talk about them because communism was such a bad failure.
Jason Thompson
...
Mason Gomez
China's "planned" economy is more market than many capitalist euro-lefist country.
Eli Phillips
I am not even a marxist you FUCKING retard.
Eli Sanchez
Every party in your country, and my country, and in just about every other liberal democracy, will put forward a plan on what to do with the country in their attempts to get elected during every election, but that hardly means we live in socialist countries.
Jace Ward
Jeez.
Well, China has a SOCIALIST market economy - which is socialist and marxist.
Connor Roberts
Of course planned is always better. It is dumb to think otherwise. Always follow a plan and you will reach your goal. Isn't that obvious?
Eli Wilson
Why do you choose that what makes China's "socialist market economy" is the socialist part and not the market part like in every other succesful country?
Alexander Scott
Your digits and your post are really stimulating my synapses familia.
Sebastian Cruz
Planned economy always ends in corruption and collapse. China's growth is due to 1800's style capitalist child slavery
Andrew Parker
Read up on China's economy before replying stupid shit. I'm just being honest with you.
Angel Bell
They have a couple of state owned mega corporations for important things, but other than that it's mostly private businesses. They're actually pretty much a fascist country.