posted on Nov, 3 2004 @ 11:04 PM
The undertone I am picking up on here is that a command economy would work better in terms of how well new technologies were developed and
implemented. To be fair, that is true. In some cases, it would be nice to have the government step in and bring order.
Imagine if everyone in the auto industry got together and agreed not to develop any new restraint/safety systems for 5 years, and to combine their
research efforts during that 5 years so that they could all come out with a new system that reduced accident fatalities by 50%. A command economy can
do that- a free market prevents it.
On the other hand you run into 2 problems in a centralized system- 1. lack of creativity. If we all go one way then nobody ever checks out the dozen
other ways that may exist. 2. Transitioning into one can be very messy. When you try to create order from a mess, things get a lot worse before they
start getting better.
Eventually (although it may take a very very long time) certain industries must inevitably be socialized. Basic infrastructure such as housing,
electricity, and medicine are implied by the right to "LIFE, Liberty, yada yada yada". These are not luxuries that ought to be denied to some and
lavished on others. I think people understand this at heart and when it is practical they will demand that the right thing be done.
Some of this will require government regulation: for example I think if prices on certain drugs were capped the demand for them would go up
dramatically and the drug companies could turn a profit while selling more of it cheaper.
Some of this will simply require the coordination of research and some gentle pressuring on the industry: I think it is inevitable that we will
develop cleaner and more abundant means of generating electricity. As the cost goes down and the companies profits go up, there will be outcry and
socialization will be the result.
Some of it is only natural, like roads. When a technology is so vital to the advancement of the nation that it has to take hold, the government builds
the infrastructure on tax money and everybody gets to have it. This happened with roads, it SHOULD have happened with phones, and I believe other
major advances will naturally take this path as well.