Articles talks about "planned economy". It should even precise "planned central economy". The deep flaw in it is generally that citizens are not included in the loop of doing the plan !

Disclaimer: capitalism is also a planned economy (no there's no army of monkey deciding what to do), and at the top level (US government/financial circles/big companies/media networks) it is even mostly centrally planned... So: same problem...

If an economy is centrally planned at the top level... it's not capitalist.

"Actual capitalism" is as far from "capitalism" as "actual communism" is from "communism"...

One of the shortest most insightful comments of the day.