[marktwain]

Central planning is failing in China. The idea a government cadre, with planning, can produce optimal results, is laughable.

The idea you can theoretically know what "optimal" results are, is laughable.

[Bishop_Malachi]

Central planning is failing in China.

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Hyper-central planning is failing. We have “central planning” here in the US to some degree. There will always be a “sweet spot” for markets and government incentives/regulations. The real problem with the US is culture; and right now US culture seems to be lovin’ gov’t handouts.

[PGR88]

Central planning is failing in China. The idea a government cadre, with planning, can produce optimal results, is laughable.

Yes. And there are many American pundits and progressive types who think DC central-planning is the proper response to China's central planning.