Why can't we have economies that can be stable without the sky falling, can grow when wanted, and shrink when needed without a cascade of catastrophies? Can't we? It's a honest question, I have no clue. Because I also think this is a great idea too, but everything else being the same, the general insanity being the same, something else will probably give. On the other hand, if we did have this hypothetical more flexi…
That would take central planning. The government in capitalist societies can't force someone to open a business when unemployment gets too high, and can't force businesses to close or merge when there are inefficiencies in the market. A capitalist economic system is inherently reactionary: someone notices a demand and creates supply for it. Someone tries their hardest to keep their business open even with low demand,…
I think there's a possibility for communism 2.0 where planning is distributed rather than being centralized or wholly reactive. We've built a great deal of the logistical infrastructure for this already, but our social and economic technology has fallen behind our physical capabilities.