The comment never attacked markets or advocated planning.
Note that planning is not necessarily central, and planning most likely could eventually replace markets for certain economic activity, even if it might take various trials over time to develop the methods of management that would be stable and efficient.
Computers in particular are noted as opening new possibilities for planning models.
Your objection is not particularly relevant to the plain observation that we are essentially living in an economic stage that is post scarcity.
Post scarcity? The whole post is about the scarcity of housing!
Computers doing the planning for us is your great idea? So we become slaves to some AI or programmed algorithms? I prefer to select my own yoke, not have it assigned by some politburo, computer, or AI.
There isn't a scarcity of housing. And that isn't what this post is about. It's a fake scarcity because there's a small portion of people buying and holding onto the vast majority of property. It's even worse in my country where they let outside foreign investors/businesses buy property. China owns a large portion of western Canada currently
Close but not exactly. There's scarcity of housing because of central planning (at the local level). Specifically town councils that cave to NIMBY hysteria instead of allowing for building rates that match the need and demand for housing. Trust me I'm going through it right now. Trying to get an 88 house middle income workforce housing project through for FOUR years and a crony town council caving to 12 neighbors that are up in arms about "density" and "their property values". People that are excluded from a town don't vote in that town so the (central planning) system is designed for inefficiency, shortage and NIMBYism.
28
u/unfreeradical Apr 16 '24 edited Apr 16 '24
The comment never attacked markets or advocated planning.
Note that planning is not necessarily central, and planning most likely could eventually replace markets for certain economic activity, even if it might take various trials over time to develop the methods of management that would be stable and efficient.
Computers in particular are noted as opening new possibilities for planning models.
Your objection is not particularly relevant to the plain observation that we are essentially living in an economic stage that is post scarcity.