Why have planned economies failed one after anoher? Even the

Because central planning of the economy is extremely inefficient even at the local level, but especially at the national level, because even if the planners are upright, incorruptible, and extremely intelligent, they just don't have enough data to manage something as complex as the economy.

The competition between firms, and the laws of supply and demand, and the concept of price are much more efficient at letting the economy manage itself then having government bureaucrats [who are often NONE of the things I mentioned] try their hands at it.

The result is that while the economy of a communist country can 'function' at times, it produces mass shortages [when the bureaucrats underestimate the people's needs and wants] and surpluses [when they overestimate, this causing large amounts of waste].

Capitalism by contrast creates so much wealth that its main inefficiency is it creates large quantities of frivolous bullshit.

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>>3220235
This not stop the neo marxists to believe this is possible with supercomputers and complex cybernetic planning. this pdf is treated like a holy book in leftypol about the matter.

http://ricardo.ecn.wfu.edu/~cottrell/socialism_book/new_socialism.pdf

>>3220251
How is the concept of supply and demand more efficient?
In planned economies they don't waste resources and workforce as they do in market economy.

>>3222078
its not, middle class children are obsessed with wealth and think capitalism will let them become millionaires

central planning doesnt work if theres competition, as long as theres ONE person screaming I WANT SOMETHING DIFFERENT REEEEE the system wont work

Because the economy of an entire nation is too complicated to plan years in advance, it has to constantly adjust for variance that comes up.

>>3220235

Because they can't compete with free markets. The "calculation problem" is a real thing, and it ensures that no planned economy can be more efficient than an unplanned one.

Because you can't plan an economy involving thousands and millions of people. The knowledge needed to do that effectively is too widely dispersed for central planning to ever work.

Because of the desires and needs of the free thinking individual

>Planned economies don't wo-

https://en.wikipedia.org/wiki/Palace_economy

Prior to the invention of currency, human economies were mostly centrally planned. These systems had been in place for millennia

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Central planning works in Fascism because markets prices and private endeavors are not eliminated but are harnessed and are put to use serving the nation

One thing that is always ignored in these discussions is that capitalism outsources all of its problems. If you were to treat 3. world people as humans things would look quite different.
Capitalism ignores the environment and rewards those that damage it (you can produce cheaper if you throw your waste somewhere instead of recycling it or disposing it properly).
It also creates so many more problems we don't really see yet because we are still living in a capitalist society. For example: Media turns to utter shit that just cares about clicks for ads money,

Well, a planned economy would still be shit because of the already mentioned reasons, but capitalism has also a lot of problems that should be addressed but are not because people think anything that is not pure capitalism is automatically communism.

>>3222611
I'd definitely dispute that. It's consumer capitalism that is responsible for bringing so many people in the 3rd world out of poverty and offering a path for counties as a whole to get out of quasi-feudal agrarian systems into developed, high living standard societies.

To say that capitalism incentivises damaging the environment is also not taking into account the other side of the coin. The growth of environmental concerns and conciousness amongst consumers incentivises corporations to act in an eco-friendly and sustainable manner to respond to their customer base - look at the growth of fair trade and eco-friendly policies adopted by companies to see the truth of that.

>>3220235
Free market economies have thousands of niche businesses that risk their own investments to gain a profit.As there are more than one suplier in each market chances of one business getting it right is higher than that of one huge public conglomerate

There was a serious attempt at the end to fix the Soviet economy with automation and networking to remove the fallible human element. Of course, it failed at the very earliest stages once said human element heard what was happening. There were too many entrenched interests to make minor changes, so huge changes ended up sweeping them away.

>>3222611
>Capitalism ignores the environment and rewards those that damage it
call me when capitalism uses water so inefficiently that it makes the 4th largest lake in the world stop existing

>>3223096
Nah. Capitalism doesn't drain water.

They just throw stuff in it that make children retarded.