No, central planning is always bad. No single person or committee has the ability to understand a system as large and diverse as the United States of America. No single person or committee should ever be able or allowed to dictate how people live their lives on a day to day basis or decide how much competition they need in their life.Turquoise wrote:
Possibly. If you're implying that our government is too corrupt for central planning to work, then I have to admit that you might be right.JohnG@lt wrote:
In one instance and in one outlier where the population density dictated that it could work. South Korea has ten times the population density of the average nation and 15.2 times the US density. You know damn well that if this went before Congress we would be subsidizing the farmer in North Dakota whose fiber connection cost $10M to install while paying a nominal rate of $50 a month for it.Turquoise wrote:
That didn't happen with South Korea.
At some point, you have to come to the realization that letting the market clear things isn't always the best idea. Neither is a central planning scheme....
It's case by case... and clearly, in this particular industry, central planning seems to have worked better for consumers.
I don't think this is true of the Canadian government though. It could probably work very well for them. All they need is some people in power willing to actually support the idea.
Either way, it's clear that central planning isn't inherently bad -- it's just bad when the government involved is too corrupt to trust.
"Ah, you miserable creatures! You who think that you are so great! You who judge humanity to be so small! You who wish to reform everything! Why don't you reform yourselves? That task would be sufficient enough."
-Frederick Bastiat
-Frederick Bastiat