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Re:Bandcamp's Entire Union Bargaining Team Was Laid Off by 0xpgm on Thursday October 19, 2023 @09:28AM (#37942615)
The USSR collapsed because of imbalances caused by decades of centralized planning and control.

China survived communism because it implemented free-market reforms (while retaining autocracy in the political structure).

I'd say generally, the free market is what makes economies work.

Re:Bandcamp's Entire Union Bargaining Team Was Laid Off by RHSeeger on Thursday October 19, 2023 @01:08PM (#37945551)
No, some amount of "free market" leaning is useful. But absolute free markets are catastrophic to society. I'm not aware of any major countries that have an actual free market. They all have laws limiting what companies are allowed to do.