Command Economy
- January 18, 2022
- Ben Eskildsen
Prove Marx Right! Capitalist economies are run as free markets where the business-people selling goods decide how much to produce and how much to sell for. The biggest competing idea is the so-called "command economy" where the government decides what to produce and what to charge for it. If executed well (that's a big if!), command economies promise to be far more efficient and equitable than mar…