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Old 08-04-2010, 03:43 PM   #1
zlopikanikanz

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Default Andy Grove questioning free market
People tend to support free markets until they start to perceive that things aren't going their way. ie - they're great when you're winning.

Ironically, one way to get economic planning within capitalism is to have massive corporations that are so powerful that they can direct the kind of resources, investment and energy into long term planning that otherwise only states could manage.

Personally, I suspect that humanity hasn't seen the end of state planning. The 20th century versions may not have been very successful, but apart from anything else, they lacked the sort of information-rich and capital-intensive economic environments that the future can provide. I believe that Marx inherently understood this when he argued that capitalism was a progressive engine that could ultimately deliver society to a level where socialism was a possibility.
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Old 08-04-2010, 05:16 PM   #2
NewYorkDoctorD

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Because the US government never offers tax breaks to industries it wants to promote...
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Old 08-06-2010, 12:46 AM   #3
AutocadOemM

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Because the US government never offers tax breaks to industries it wants to promote...
Tax incentives
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