Florencia (she/her)@lemmy.blahaj.zone to People Twitter@sh.itjust.worksEnglish · 1 day agoEconomist Warns That Elon Musk Is About to Cause a "Deep, Deep Recession"lemmy.blahaj.zoneexternal-linkmessage-square94fedilinkarrow-up1593arrow-down110file-text
arrow-up1583arrow-down1external-linkEconomist Warns That Elon Musk Is About to Cause a "Deep, Deep Recession"lemmy.blahaj.zoneFlorencia (she/her)@lemmy.blahaj.zone to People Twitter@sh.itjust.worksEnglish · 1 day agomessage-square94fedilinkfile-text
minus-squareOlgratin_Magmatoe@slrpnk.netlinkfedilinkEnglisharrow-up4·edit-218 hours agoEvery economy is controlled in some way.
minus-squareRowRowRowYourBot@sh.itjust.workslinkfedilinkEnglisharrow-up2·17 hours agoYes but “controlled/command/planned economy” refers to one where the state sets prices rather than letting market forces determine them. This is not possible to competently do right now with current technology.
Every economy is controlled in some way.
Yes but “controlled/command/planned economy” refers to one where the state sets prices rather than letting market forces determine them. This is not possible to competently do right now with current technology.