zlacker

>>jbegle+(OP)
Huge indictment of capitalism that we have an unbelievably high level of productive capacity and can't do any of these things: make hospital equipment including ventilators; produce enough masks; keep hospitals open (there has been a steady trend of closures brought on by financialization (profiteering) and mergers); train adequate numbers of hospital staff; and the most ridiculous so far is every business is desperately trying to stay open even for non-essential things, like Amazon.

Profiteering is undercutting every possible thing. The profit motive over a democratically planned economy is horrible most of the time but really becomes a mess in a crisis.

>>0x262d+Bh
> The profit motive over a democratically planned economy is horrible most of the time but really becomes a mess in a crisis.

Why not have bread lines only in a crisis, when you can have them all the time instead?

>>lliama+an
You know, there's a vast spectrum of economic policy options between central planning and laissez faire, and you don't even have to be consistent about which gets picked for each industry. I think the OP was advocating for a different spot on that spectrum for certain things, not one of the extremes for everything.

>>ardy42+yr
This is not a "hey, maybe we should require some stockpiles" like they do in Switzerland (didn't stockpile enough masks, sadly enough).

The OP was literally advocating for a centrally ("democratically") planned economy. Having production dictated by the political process as the default is the extreme position.

Developed countries all find some balance between central planning and laissez faire, but they do so by assuming the free market as the default. Intervention and central planning is only applied to specific cases where there is a concrete public interest in doing so.