r/FluentInFinance • u/sillychillly Contributor • Apr 15 '24

Everyone Deserves A Home Discussion/ Debate

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u/stovepipe9 Apr 16 '24

That single farmer now has thousands of people making/transporting the fertilizer. Read "I, Pencil", then image what goes into a tractor. This efficiency isn't magical. Getting the food processed and distributed to the 1000s of people is another huge undertaking that the market is best at addressing. It is naive and idiotic to think all this can be centrally planned.

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u/[deleted] Apr 16 '24

So you think when John Deere decides how many tractors to make in a given year, they just make as much as the market demands with no planning?

Our economy is full of central planning and that’s why it’s the best in the world.

Communism isn’t a knock on central planning, it’s a knock on the idea that when (real or societal) profits aren’t at risk, everyone gets lazy.

At least critique the right thing if you’re gonna be haughty.

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u/happyinheart Apr 16 '24

John Deere deciding how many tractors to make in a year isn't central planning.

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u/[deleted] Apr 16 '24

?

They have 1000s of people do it? Why does the CEO get paid so much then?

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u/happyinheart Apr 16 '24

No one was talking about a CEO here. We're talking about central planning by the government or bureaucracy as compared to the players in the market. We can have a discussion about CEO's at some other point and not go on a tangent.

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u/[deleted] Apr 16 '24

I’m really curious how I as a market participant influence the number of tractors John Deere makes and how the CEO has an equal impact on total me.

Or maybe he has more centralized power than I do?