Q: What is the planners' reason for the "inevitability of planning"? Why has this belief spread and what factual evidence disputes it?
A: "technological changes have made competition impossible in a constantly increasing number of fields and that the only choice left to us is between control of production by private monopolies and direction by the government." (49)
As for a dispute of this theory, look at the passage from the Final Report and Recommendations of the Temporary National Economic Committee on page 51.
Thursday, June 28, 2007
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