I’m glad you agree that they didn’t work well at larger scales, and I’m open to trying newer, computerized versions in narrow cases. The more experiments the better to find an improved economic system. But in general I think you are massively overstating their benefits. Yes, economic planning works alright for some things. Utilities where competition basically can’t exist can’t have markets, so some level of planning is needed there, although there are still market forces at play to some extent. But they also had catastrophic failures in food provision in particular that market food distribution usually didn’t have. And large, centralized economies are vulnerable to seizure by centralized power structures, who then turn them to their own ends.
But even ignoring those issues, a lot of this is just the same argument apologists for capitalism use. “Life got better and it was all thanks to our ideology!” A lot of this is conflated with general technological progress and other social changes, and the fact that human welfare was shockingly low in the economies that preceded modern ones. Being better than despotic feudalism isn’t too impressive in my book.
And all that without exploitation that is required for capitalism to get even close to that
without all the horrible effects capitalism had at those stages
Looking at history I don’t see much difference. Both systems centralized wealth and goods into fewer hands at the expensive of those that lacked political power, often with horrific consequences. Both destroyed the environment as they industrialized, and continue to do so. We need to do better if humans are going to survive long-term.
I’m glad you agree that they didn’t work well at larger scales, and I’m open to trying newer, computerized versions in narrow cases. The more experiments the better to find an improved economic system. But in general I think you are massively overstating their benefits. Yes, economic planning works alright for some things. Utilities where competition basically can’t exist can’t have markets, so some level of planning is needed there, although there are still market forces at play to some extent. But they also had catastrophic failures in food provision in particular that market food distribution usually didn’t have. And large, centralized economies are vulnerable to seizure by centralized power structures, who then turn them to their own ends.
But even ignoring those issues, a lot of this is just the same argument apologists for capitalism use. “Life got better and it was all thanks to our ideology!” A lot of this is conflated with general technological progress and other social changes, and the fact that human welfare was shockingly low in the economies that preceded modern ones. Being better than despotic feudalism isn’t too impressive in my book.
Looking at history I don’t see much difference. Both systems centralized wealth and goods into fewer hands at the expensive of those that lacked political power, often with horrific consequences. Both destroyed the environment as they industrialized, and continue to do so. We need to do better if humans are going to survive long-term.