Florencia (she/her)@lemmy.blahaj.zone to People Twitter@sh.itjust.worksEnglish · 2 days agoEconomist Warns That Elon Musk Is About to Cause a "Deep, Deep Recession"lemmy.blahaj.zoneimagemessage-square94fedilinkarrow-up1597arrow-down110file-text
arrow-up1587arrow-down1imageEconomist 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 · 2 days agomessage-square94fedilinkfile-text
minus-squareOlgratin_Magmatoe@slrpnk.netlinkfedilinkEnglisharrow-up4·edit-222 hours agoEvery economy is controlled in some way.
minus-squareRowRowRowYourBot@sh.itjust.workslinkfedilinkEnglisharrow-up2·22 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.