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A comment on The lessons from America’s astonishing economic record. Parent comment

Re:The lessons from America’s astonishing economic record by tim333 on Friday April 21, 2023 @04:53AM (#35651287)
Yeah. It's everything state owned that doesn't work very well eg. China in the 60s. But some stuff state owned, some free enterprise can work well eg. China in the 2000s. Or most of the west.
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Re:The lessons from America’s astonishing economic record by awesome_dude on Saturday April 22, 2023 @06:27PM (#35671481)
Curiously some of the problems that state ownership has also show up in capitalism - corporations that centralise decision making lose the ability to make fine grained, optimal local condition decisions.

And bureaucracy becomes a major headache.

A very common refrain at the moment is businesses wanting to be "nimble like start ups" but are unable to do so due to a myriad of reasons.

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