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exeexe
8th July 2014, 23:22
Can someone explain what is centrally planned capitalism?
Some people say capitalism is centrally planned capitalism, others say centrally planned capitalism is facism..
http://archive.freecapitalists.org/forums/p/15647/321241.aspx
http://wiki.answers.com/Q/What_is_centrally_planned_capitalism

tuwix
9th July 2014, 05:42
It's reality in the most of countries today. When political elites noticed that giving markets only power to govern an economy is simple path to disaster, they started to plan some state investments especially in infrastructure, military. The roads and railways are the best example of that. To make a connection with remote parts of country a state builds a road that is unprofitable for capitalists but facilitates functions of state.

ralfy
12th July 2014, 16:12
I think it's state capitalism.

Five Year Plan
12th July 2014, 16:23
There is no such thing as a capitalism that is actually fully planned, since capitalism of any kind, by its very nature, operates through value relations and anarchic exchanges between competing units of production. Usually "centrally planned" refers to the way that certain key economic mechanisms are consolidated in highly placed bureaucratic offices of the state. That these don't amount to much of a "plan" beyond an attempt to contain the uncontainable goes without saying.