Re:Amazon Echo Flex Teardown: The Big Silicon
by pram on Sunday January 17, 2021 @08:29PM
(#25817213)
Those types of schemes were very common in the post-war period. The UK government used to directly design and sell "utility furniture" for example
Also plenty of monopolies do exactly that at enormous scales, Bell System/Western Electric is a good example.
The issue with command economies has always been the producers have no incentive to succeed, hence productivity is atrocious.
But has anyone ever tried something like a fixed-price contract for standardized essentials, on a national scale?