☆ Yσɠƚԋσʂ ☆ to news@hexbear.netEnglish • 2 months agoChinese Weapons Gain Credibility After Pakistan-India Conflictwww.bloomberg.commessage-square22fedilinkarrow-up171arrow-down10file-textcross-posted to: globalnews@lemmy.zipworldnews@lemmygrad.mlworldnews@lemmy.ml
arrow-up171arrow-down1external-linkChinese Weapons Gain Credibility After Pakistan-India Conflictwww.bloomberg.com☆ Yσɠƚԋσʂ ☆ to news@hexbear.netEnglish • 2 months agomessage-square22fedilinkfile-textcross-posted to: globalnews@lemmy.zipworldnews@lemmygrad.mlworldnews@lemmy.ml
minus-square☆ Yσɠƚԋσʂ ☆OPlinkfedilinkEnglish36•2 months agoExactly, the US didn’t become a dominant economic power by leveraging markets, it’s was done through massive state planning and command economy.
minus-squareAnarchoAnarchist [he/him, comrade/them]linkfedilinkEnglish4•2 months agoAll economies are planned. The only question is who does the planning. Do you leave that to a bunch of MBAs focused on quarterly profits, or a bureaucracy charged with looking for a state’s long term interests?
minus-square☆ Yσɠƚԋσʂ ☆OPlinkfedilinkEnglish3•2 months agoThere is a difference between having central planning at state level, and what happens under late stage capitalism where oligarchs cannibalize the country.
Exactly, the US didn’t become a dominant economic power by leveraging markets, it’s was done through massive state planning and command economy.
All economies are planned. The only question is who does the planning.
Do you leave that to a bunch of MBAs focused on quarterly profits, or a bureaucracy charged with looking for a state’s long term interests?
There is a difference between having central planning at state level, and what happens under late stage capitalism where oligarchs cannibalize the country.