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Do you guys support Centrally Planned Economies? Why?
(midwest.social)
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this post was submitted on 20 Aug 2023
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askchapo
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I don't actually know much about day to day life in Vietnam, are their poverty numbers especially low? I'd love to do more research on that.
I think my biggest problem with central economic planning is it seems to take away a lot of perspective, where the people doing the planning might not have a super great understanding of what the people might need on the other side of the country. Does that make sense?
I'm a union autoworker when I'm not weed farming, I actually got quoted a few times by the WSWS in their coverage of my factory's strike which was a really cool experience. I consider myself a socialist, even. I just think demand driven economics makes more sense to me. I'd love to get persuaded though.
"centrally planned" doesn't mean "not demand driven"
https://hexbear.net/post/282048?scrollToComments=false
I think it's important to note that there can be all kinds of planned economies, including capitalist ones even, and ways of doing planning. I (and I would imagine a lot if other Marxists) are in favor of an economy planned according to democratic centralism. Everyone would be contributing in some way to the planning. In Marxist planned economies, it isn't the top dictating to the bottom. It's from the bottom to the top and the top to the bottom. An economy run on the mass line
Vietnam's remarkable journey from low to middle-income status lifted 40 million people out of poverty between 1993 and 2014. In that time span, the poverty rate dropped to 14 percent from almost 60 percent. Per capita growth since 1990 has been second only to China's, averaging 5.6 percent a year as of 2017
Wow that's incredible!