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← A planned economy is not yet socialism and may come with the complete enslavement of the individual

17 connected korrents · 14 moments from 10 May 1893 to 25 Sept 2026. Nearly all of them are about capitalism.

Everything filed under market efficiency market efficiency Everything filed under stock market stock market Everything filed under price gouging price gouging Everything filed under education education Same subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subject Read this korrent: A planned economy is not yet socialism and may come with the complete enslavement of the individual A planned economy is not yet socialism andmay come with the complete enslavement ofthe individual AE Albert Einstein — holds since c. 1949 — tap for who they are Same subject: A sophisticated economy cannot be centrally planned, because planning removes the price signal that carries information about demand. — tap to centre the map on it A sophisticated economy cannot becentrally planned, because planningremoves the price signal thatcarries information about demand. Last stated a year ago 2 Sept 2025 BE Benedict Evans — holds since 2025-09-02 — tap for who they are Same subject: Plantation slavery was profitable and fully compatible with capitalism, not opposed to it. — tap to centre the map on it Plantation slavery was profitableand fully compatible withcapitalism, not opposed to it. Last stated 4 years ago 26 Aug 2022 DK Davis Kedrosky — holds since 2022-08-26 — tap for who they are Same subject: Slavery was economically important to actually-existing capitalism in its early period, distinct from whether it was necessary for industrialization overall. — tap to centre the map on it Slavery was economically importantto actually-existing capitalism inits early period, distinct fromwhether it was necessary forindustrialization overall. Last stated 4 years ago 12 Oct 2022 DK Davis Kedrosky — holds since 2022-10-12 — tap for who they are Same subject: Only a socialist economy with an education oriented to social goals can eliminate capitalism's grave evils — tap to centre the map on it Only a socialist economy with aneducation oriented to social goalscan eliminate capitalism's graveevils AE Albert Einstein — holds since c. 1949 — tap for who they are Same subject: Whether a more equal distribution of wealth is attainable is uncertain; if it is not, Providence is cruel — tap to centre the map on it Whether a more equal distribution ofwealth is attainable is uncertain;if it is not, Providence is cruel Last stated 133 years ago 10 May 1893 RT Rabindranath Tagore — holds since 1893-05-10 — tap for who they are Same subject: History suggests capitalism is a necessary but not a sufficient condition for political freedom — tap to centre the map on it History suggests capitalism is anecessary but not a sufficientcondition for political freedom MF Milton Friedman — holds since c. 1962 — tap for who they are Same subject: Retirement, when it comes, will be a retirement from customers and commerce, not from building and sharing things. — tap to centre the map on it Retirement, when it comes, will be aretirement from customers andcommerce, not from building andsharing things. Last stated 2 months ago 26 Jul 2026 DH David Heinemeier Hansson — holds since 2026-07-26 — tap for who they are Same subject: Slavery was not necessary for industrial capitalism to emerge in general, though it may explain why Britain specifically industrialized first. — tap to centre the map on it Slavery was not necessary forindustrial capitalism to emerge ingeneral, though it may explain whyBritain specifically industrializedfirst. Last stated 4 years ago 12 Oct 2022 DK Davis Kedrosky — holds since 2022-10-12 — tap for who they are Same subject: A company that deviates from open standards in its data exports without documenting the deviation creates an artificial vendor lock-in. — tap to centre the map on it A company that deviates from openstandards in its data exportswithout documenting the deviationcreates an artificial vendorlock-in. Last stated 2 years ago 3 Mar 2025 TS Tobias Sjösten — holds since 2025-03-03 — tap for who they are Same subject: A dominant company's lead in market share compounds over time and becomes harder for competitors to close, especially in technology. — tap to centre the map on it A dominant company's lead in marketshare compounds over time andbecomes harder for competitors toclose, especially in technology. Last stated 2 weeks ago 22 Sept 2026 BR Barry Ritholtz — holds since 2026-09-22 — tap for who they are Same subject: AI will force a correction in how companies pay for experience once AI-augmented junior employees match the output of far costlier mid-career employees. — tap to centre the map on it AI will force a correction in howcompanies pay for experience onceAI-augmented junior employees matchthe output of far costliermid-career employees. Last stated 2 months ago 15 Aug 2026 HR Harper Reed — holds since 2026-08-15 — tap for who they are Same subject: A high, stable dividend yield gives a stock's valuation a downside floor that growth stocks without dividends lack. — tap to centre the map on it A high, stable dividend yield givesa stock's valuation a downside floorthat growth stocks without dividendslack. Last stated 7 months ago 3 Mar 2026 SB Sanjay Bakshi — holds since 2026-03-03 — tap for who they are Same subject: A society's prosperity comes from its productivity, not from the financial system or stock market. — tap to centre the map on it A society's prosperity comes fromits productivity, not from thefinancial system or stock market. Last stated a week ago 25 Sept 2026 MM Mr. Money Mustache — holds since 2026-09-25 — tap for who they are Same subject: AI models exhibit 'reflex' misbehaviors like clickbait that do not involve goal-seeking and persist despite feedback. — tap to centre the map on it AI models exhibit 'reflex'misbehaviors like clickbait that donot involve goal-seeking and persistdespite feedback. Last stated a week ago 23 Sept 2026 SA Scott Alexander — holds since 2026-09-23 — tap for who they are Same subject: Corner allocations under price ceilings are a distinct source of cross-market misallocation, separate from Harberger quantity loss and within-market misallocation. — tap to centre the map on it Corner allocations under priceceilings are a distinct source ofcross-market misallocation, separatefrom Harberger quantity loss andwithin-market misallocation. Last stated 8 months ago 12 Feb 2026 AT Alex Tabarrok — holds since 2026-02-12 — tap for who they are Same subject: Draconian price controls are among the most ruinous economic policies a government can impose. — tap to centre the map on it Draconian price controls are amongthe most ruinous economic policies agovernment can impose. Last stated 2 weeks ago 18 Sept 2026 SS Scott Sumner — holds since 2026-09-18 — tap for who they are Same subject: Dynamic pricing means prices decrease as well as increase. — tap to centre the map on it Dynamic pricing means pricesdecrease as well as increase. Last stated 3 weeks ago 13 Sept 2026 PG Paul Graham — holds since 2026-09-13 — tap for who they are
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At the centre A planned economy is not yet socialism and may come with the complete enslavement of the individual Last stated c. 1949 Holds Albert Einstein Read this korrent →