Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: CrucifiedTruth
The reason I bring up the Nazis is that they tried your idea and it failed. They tried their best to control industry and capital according to an elaborate master plan, but elaborate master plans are not able to respond to the almost random, almost chaotic, flow of information necessary for the function of free markets.

You want the government to decide how many factories people build, and what kind of goods they produce, and that doesn't work. Central planning doesn't work. Period, end of message. Central planning causes poverty. Every country that has ever tried central planning has turned into an economic wasteland.

The US, on the other hand, is incredibly prosperous, due to the free flow of capital through free markets.

The US has never had central planning. We've never had governments telling us what industries we need. We don't need that. Never have, never will.

Ricardo was right. We're better off producing what we produce best, rather than worst.


144 posted on 03/21/2004 8:27:33 AM PST by CobaltBlue
[ Post Reply | Private Reply | To 143 | View Replies ]


To: CobaltBlue
You keep talking to yourself. The US economy has (or had) nothing to do with the German socialist nonsense. You are on the wrong planet. There are ways to use the market forces to balance the economy. Go look up what Warren Buffet said just a few sort months ago. There are hundreds of good ways to do it within the market. If the problem is recognized then the solution will be selected in the due manner. I repeated the problem many times. Everyone with eyes can see it. The rest, please, excuse me.
150 posted on 03/21/2004 9:28:51 AM PST by CrucifiedTruth (The Crucified Truth lives forever.)
[ Post Reply | Private Reply | To 144 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson