> The same failure happens to government agencies attempting central planned economies. Except that government agencies are never allowed to fail, and we all suffer.
As long as we are talking about democracies that is not true. In every election that particular planned economy can be replaced by another planed economy or privatization.
As long as we are talking about democracies that is not true. In every election that particular planned economy can be replaced by another planed economy or privatization.