Cons - lack of normal workforce replenishment ~18-20 years after plague would cripple economies, social safety nets and essential government spending (state pensions, road upkeep, military). Demographic would skew older and older with each year limiting democratic governments ability to pass any kind of rescue legislation until it’s too late (assuming an increasingly older population votes in their own interest, being unable to work to help fix massive labour shortages, as so defensively protect government programs for elderly that government can no longer afford)
Pros - I mean, what counts as a ‘pro’? Less pollution as the world economy collapses I guess…
Good luck convincing everyone to democratically support the same authoritarianism that would be required to pull that off while everything slowly falls apart. It would be chaos.
Half of America losing their minds and voting for a trump administration is in fact further proof you’d have civil war before you had a “100% planned economy”. People are provably irrationally selfish. Even in times of national emergency (cf covid etc)
The fact that you’re comparing bicycle repair shops to an entire country economy tells me pretty much all I need to know. Even in corporations, the unexpected successes tend to be the most surprising and profitable ones. Guess what? None of them are ever planned for, and none of them would have existed in a planned economy.
Cons - lack of normal workforce replenishment ~18-20 years after plague would cripple economies, social safety nets and essential government spending (state pensions, road upkeep, military). Demographic would skew older and older with each year limiting democratic governments ability to pass any kind of rescue legislation until it’s too late (assuming an increasingly older population votes in their own interest, being unable to work to help fix massive labour shortages, as so defensively protect government programs for elderly that government can no longer afford)
Pros - I mean, what counts as a ‘pro’? Less pollution as the world economy collapses I guess…
A 100% planned economy could handle the labor/production problems.
Good luck convincing everyone to democratically support the same authoritarianism that would be required to pull that off while everything slowly falls apart. It would be chaos.
Did you see the US election results yet?
Half of America losing their minds and voting for a trump administration is in fact further proof you’d have civil war before you had a “100% planned economy”. People are provably irrationally selfish. Even in times of national emergency (cf covid etc)
We’d probably go full totalitarian first, plague second.
A 100% planned economy has never worked, ever. And concentrating all that power in one place? Yeah that’ll end well.
100% central planning works for schools, corporations, farms, bicycle repair shops… It works very well.
If you think that an economy is special in this then you might want to check your sources. Consider who’s telling you that
The fact that you’re comparing bicycle repair shops to an entire country economy tells me pretty much all I need to know. Even in corporations, the unexpected successes tend to be the most surprising and profitable ones. Guess what? None of them are ever planned for, and none of them would have existed in a planned economy.