Did unconstrained growth not happen under communism?

Outside Asylum

Take a walk, smell the roses. Any topic is fine, save people bashing.

Posted by GliderGuider (A) on January 10, 2007 at 11:35:04

In Reply to: Yeast cells == 'unbridled capitalism' posted by jedinvest on January 10, 2007 at 08:02:03:

At least in some sectors of the economy (like the military-industrial complex) it did, though this was at the expense of the needs of the citizens. As well, all the trees in England were cut down in under a feudal system.

Capitalism, free markets, mixed and directed economies are just different mechanisms for determining which sectors of the economy get to grow and which don't. The underlying growth imperative doesn't care how it gets expressed. Explicit control over growth can only be exercised in a directed or command economy. A free market economy relies on the indirect control of price allocation, and the price signals may not always be timely or accurate (as we're seeing right now with oil), and don't encompass externalities.

IMO we will see the rapid rise of command economies around the world in the next 30 years, driven in most part by the need to ration oil.

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Follow Ups Full Thread

Topic - Bridging Peak Oil and Climate Change Activism - GliderGuider 07:34:50 01/9/07 (11)

The only path to correct both problems is parked in your driveway . . . - mr grits 10:26:21 01/9/07 (1)

That's a good beginning, all right. - GliderGuider 10:39:19 01/9/07 (0)

Bridging Resource Sustainability and Unbridled Capitalism - jedinvest 08:19:29 01/9/07 (7)

So why do these problems exist even in non-captialist countries? - GliderGuider 08:47:22 01/9/07 (6)

Yeast cells == 'unbridled capitalism' - jedinvest 08:02:03 01/10/07 (1)

Did unconstrained growth not happen under communism? - GliderGuider 01/10/0711:35:04 01/10/07 (0)

Re: So why do these problems exist even in non-captialist countries? - Bruce from DC 09:30:04 01/9/07 (1)

The mind reels. - GliderGuider 09:59:44 01/9/07 (0)

I think it's a metaphor or something - PabloP 09:02:04 01/9/07 (1)

Fair enough, but even that moves the goalposts - GliderGuider 09:15:55 01/9/07 (0)

Yep, that .006% increase in CO2 is causing all our problems. - HiFi Guy 07:47:36 01/9/07 (0)

Follow Ups

Did unconstrained growth not happen under communism? - GliderGuider 01/10/0711:35:04 01/10/07 (0)

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