• UnderpantsWeevil@lemmy.world
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    5 months ago

    Large professional centrally planned economies do a better job of managing scarce resources than a pack of ill-informed and uncoordinated Wall Street Lemmings.

    • WildPalmTree@lemmy.world
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      5 months ago

      Sometimes. And when they dont, there is no one to stop them. It’s the age old problem of a wise despot. Just dressed in different clothes.

      • UnderpantsWeevil@lemmy.world
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        5 months ago

        It’s the age old problem of a wise despot.

        When you’re governing wisely, there is no need to be despotic. Conflicts and contradictions necessitate a large militant police state to keep the lower class in line. But when you’ve got generous surpluses and a rising quality of life, people are generally happy and easy to govern.

        • WildPalmTree@lemmy.world
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          5 months ago

          Despot means you have absolute power. It doesn’t mean you use it badly. It just means you have the potential to.

          • UnderpantsWeevil@lemmy.world
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            5 months ago

            Despot means you have absolute power.

            Traditionally in a cruel or oppressive manner.

            The wise leader doesn’t need to inflict cruelty, because they have the public’s trust.