Central economic planning?

[kelvin]

Central planning is a hall mark of communism. Central planning also removes supply, demand, and competition from the economy. Supply, demand, and compettion are corner stones of a free market economy. Do communist still embrace central planning? Where does it fit with communism?

[redstar2000]

Central planning fits in quite well with socialism. (See the "What is Socialism?" thread on this page.)

It would not normally be characteristic of communism. (See the "What is Communism?" thread on this page.)

Remember the key characteristic of socialist central economic planning: you get pretty much what you planned for. If you want lots of "consumer goodies", you have to plan for them to be produced and distributed. They don't fall out of the sky.

:cool:

[kelvin]

Wow. Read the first post. It was a lot with very little verbage. By your own admission, you pointed out the most weakest points of communism. I'll have to mark that page for reference. I wish more communist would take note of that post. In a single page of text you have pretty much laid out all the weakness of communism, but managed to make it more acceptable for other communist to read. If I tried that I am sure I would just produce a text that would invite flames.

Marx and Engles extroplated ideas? They have the most damning observations of capitalism that are still valid today. I do not subscribe that Marx extroplated provide a frame work of government or economics. Rather they point how not do it instead of how to do it.