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A comment on Beijing’s Three Options: Unemployment, Debt, or Wealth Transfers. Parent comment

Re:Beijing’s Three Options: Unemployment, Debt, or Wealth Tr... by crwalker on Sunday September 09, 2018 @02:59PM (#17947227)
If WWII policies seem to be evidence that "tight control of the economy worked just fine to stabilize the system," consider that centralized economic decisions (German war finance, treaty of Versailles, war reparations, Weimar Republic hyperinflation) paved the way for WWII. Early 20th century Europe is an odd example to choose to demonstrate a stable, well-controlled system.
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Re:Beijing’s Three Options: Unemployment, Debt, or Wealth Tr... by mistermann on Sunday September 09, 2018 @04:18PM (#17947554)
Unless I'm mistaken, I think the point of contention here is whether centralized economic decisions can work sometimes (his point?) versus can never ever work (your point?). And by "work", I do not mean "work absolutely perfectly".
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Re:Beijing’s Three Options: Unemployment, Debt, or Wealth Tr... by mcguire on Sunday September 09, 2018 @07:17PM (#17948323)
Perhaps centralized economic planning can work, for a period of time.

Five year plans appear historically sketchy.

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