I refer to complete state ownership and control of the means
of production, otherwise sometimes known as the command economy.
It is not a good idea for the same reasons monopoly under capitalism isn’t a
good idea.
And socialism is the worst of monopolies, made worse
throughout the 20th Century by walled-off markets.
Humans are terrible at organizing successful and efficient enterprises,
and the people involved always have other – and sometimes only other – priorities.
Competition enables the less botched organizations to
supplant the more botched in a constant process of flushing without which,
well . . . .
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