Quote:
|
Originally Posted by JAW
Planned economies work alright and have worked through the history - feudal systems were not exactly free markets and land ownership was handed down from kings to nobles and from nobles to their sons - the Pharaohs got their pyramids done - and I don't think they were done by private building contractors (I might be worn in this who knows..)
|
I distincly remember one of my professors describing businesses as "islands
of planned economy in the market economy sea".