this post was submitted on 20 Aug 2023
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I thought left also meant protection against unregulated markets? Without regulations it is just going to be capitalismplusplus.
I'm confused, who is talking about unregulated markets?
The meme?
It mentions regulated markets, is that what you mean?
Well the user is saying that the left is also in favour of regulated markets. The meme can be interpreted as if that people on the left somehow want unregulated markets
Some people on the left recognize that planned economies are more efficient than markets based on empirical data about the soviet economy
I agree! But a planned economy, you could say is, in essence, an extremely tightly regulated market. Whereas the opposite of that, a complete lack of regulation is anarcho capitalism, a completely right wing idea.
Why do you believe this?
Because without regulations ... it can not be planned? Like at all?
It is in the name.
You know you can do planning without markets right? Like without price signals and entities buying and selling to each other