Oh god I listened to some of this since it showed up in the Jacobin feed I subscribe to for some reason. It’s extremely bad. Very typical economist-brained professor and a sycophantic cohost going over the most basic-bitch arguments against central planning (the information problem, and incentive structures are hard)
Oh god I listened to some of this since it showed up in the Jacobin feed I subscribe to for some reason. It’s extremely bad. Very typical economist-brained professor and a sycophantic cohost going over the most basic-bitch arguments against central planning (the information problem, and incentive structures are hard)
I got debunked on this shit 3 years before this piece landed. The economists can’t even create new red scare propaganda.
Explaining The Economy of The Soviet Union (Responding to Economics Explained)
“Economic Calculation Problem”: The Worst Argument Against Socialism
I found YouTube links in your comment. Here are links to the same videos on alternative frontends that protect your privacy:
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