this post was submitted on 20 Aug 2023
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Well the user is saying that the left is also in favour of regulated markets. The meme can be interpreted as if that people on the left somehow want unregulated markets
Some people on the left recognize that planned economies are more efficient than markets based on empirical research on the soviet economy
I agree! But a planned economy, you could say is, in essence, an extremely tightly regulated market. Whereas the opposite of that, a complete lack of regulation is anarcho capitalism, a completely right wing idea.
Why do you believe this?
Because without regulations ... it can not be planned? Like at all?
It is in the name.
You know you can do planning without markets right? Like without price signals and entities buying and selling to each other