Comment by sharts

Comment by sharts a day ago

4 replies

how is this centralized planning? It’s a corporate decision making operating in a free market to optimize for what majority shareholders want (though the majority of shares are owned by few).

yunnpp 21 hours ago

A free market where the government participates with billions in investment and tax cuts, yes.

wat10000 a day ago

Your parenthetical is how. It's not completely centralized, but it is being decided by a very small number of people.

1718627440 7 hours ago

It's centralized vs. decentralized not public vs. private. A centralized private planning committee is still centralized.

xpe a day ago

I think the implied thought (?) is there is a similarity between central planning and oligopoly bandwagoning. To my eye, the causes and dynamics are different enough to warrant bucketing them separately.