I mentioned stuff about walmart and modern technology and somebody sent me a long wall text of how that wouldn't work because entire economies are too complex even for supercomputers.

now on tiktok anytime somebody says something remotely socialist they get spammed with "debunk the ECP"

  • KiaKaha [he/him]
    ·
    4 years ago

    Considering how capitalist allocation does weird things like underinvesting in public transport, casually has massive interval displacements, pours resources into bidding up the price of housing, and crashes the economy every decade or two, it’s pretty clear markets on their own can’t efficiently allocate either.

    Now, the hybrid approach taken by most AES seems to work. You have some private property, with market forces doing commodity allocation, while public owned companies feature heavily in almost every industry, with even private companies subject to Party oversight. This means the Party guides the overall economic direction, while allowing markets to pick up the edge details.

    Alternatively, just point to Walmart and Amazon as examples of effective economic planning.

    • radicalhomo [he/him]
      hexagon
      ·
      4 years ago

      I got told by ancaps that "capitalism has never been tried before" and there's no capitalist countries lmao