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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.
Ah yes, my favourite programming language!
C++ checks out
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 research on 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?
Well, I think you are overthinking what I said. I just said a plan economy is muchbcloser to tightly regulated market than a free market, trying to highlight that what OP is advocating is still somewhat a leftist idea.
The reason I think that, if you assume that free market capitalism is defined by absence of conditions of transactions and absence of forces transactions, then a planned economy sounds something like: all transactions are effectively forced, and there a hell of a lot conditions for these transactions.
I understand that they manifest, but it's a good simplification, formthe argument that tool place above, in my opinion.
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