home.social

#plannedeconomy — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #plannedeconomy, aggregated by home.social.

  1. An important thread on TwiX by @Peters_Glen
    He analyses the allegedly accomplished disconnect of GDP vs CO2 . #IEA had published a SUCCESS story. Glen debunks it: The disconnect is NOT happening.
    Look at all the charts Glen created
    nitter.cz/Peters_Glen/status/1
    The disconnect is not happening. And where it does a tiny bit, eg Denmark, it is nowhere near enough the rate it would need to be if one wants to desperately cling to the fairy tale of #GreenGrowth & #capitalism . GreenGrowth & #GDP growth – while #CO2 shrinks as fast as it has to – works only in theory. And only if it is done globally, without "exporting" CO2-intensive activities to regions with bad emission laws.
    We now need to hit the breaks really hard. Controlled, managed #Degrowth = #PlannedEconomy from now for the next 20 years or so, followed by a #PostGrowth system.
    It was simply left too long, too much CO2 accumulated due to decadent #economists spouting fairytales and #BigOil telling lies.
    #Economics #climate #rations

  2. But in reality, in both cases only 100 people obtained a smartphone. Using price to decrease effective demand does not necessarily mean that the need in aggregated demand is satisfied.

    That's why it's important to compare economic systems based on their efficiency in satisfying aggregated demand for goods, rather than focusing on deficits and surpluses.

    2/2 🧵

    #MarketEconomy #PlannedEconomy #economics #socialism