Earlier quoted context omitted.
Maybe this is what you were drawing attention to, but that part of the article misinterprets centralised planning. What it describes is the logistics of getting something from one place to another. Centralised planning is when a government planner decides the source, the destination and the good without giving final power to a consumer. Amazon doesn't have the final word on what people buy (or the destination of good…
>that part of the article misinterprets centralised planning. What it describes is the logistics of getting something from one place to another. I think it's worthwhile to re-read the passage I quoted: >Hayek[...] argued that no bureaucracy could ever match the miracle of markets, which spontaneously and efficiently aggregate the knowledge of a society. This isn't just about physical logistics. Hayek is arguing that…
This statement in the article is a huge misstatement.
First, Amazon only has information about the goods it sells. There are many things it doesn't sell, and many things that it can't sell. There are huge supply chains behind the products it sells that it does not see. There are also many things of value that are not exchanged with money.
Second, to the extent Amazon does have information about its customers, it has that information because of those customers' buying decisions. In other words, it has exactly the information that Hayek says a market participant has, and no more: the price at which other market participants will buy whatever quantity of one's products are sold.