“Planned economies are bad” okay… Looks at China hmmm.
I know China has a free market portion to their economy, which I think is cool. I also think making the important parts of the economy (you know the parts that everyone relies on daily to live) a part of the government a good thing.
Planned economies are bad okay… Looks at China hmmm.
Technically they are doing targeted investements, grants and tax incentives in their 5 year plans. And they show the direction instead of planning everything down to a carrot.
“Planned economies are bad” okay… Looks at China hmmm.
I know China has a free market portion to their economy, which I think is cool. I also think making the important parts of the economy (you know the parts that everyone relies on daily to live) a part of the government a good thing.
Technically they are doing targeted investements, grants and tax incentives in their 5 year plans. And they show the direction instead of planning everything down to a carrot.
Micro managing is not equal to communism or socialism