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.
For the full transcript go to https://financearmageddon.blogspot.com
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