>You are essentially arguing for a central planning approach, and we have ample evidence from the 20th century that this does not produce better outcomes than a market-based approach.
What "ample evidence"? The USSR? For one, they had a mighty fine space program.
Second, one example of central planning, that also carried other kinds of rubbish with it (cutthroat politics at the top level, being enforced on a backwards, non adequately industrialized country, dogmatic ideology, and having to fight a foreign superpower) does not "ample evidence" constitute.
Central planning != 20th century communism. We have much better examples of central planning, successful ones, in the western world.
What "ample evidence"? The USSR? For one, they had a mighty fine space program.
Second, one example of central planning, that also carried other kinds of rubbish with it (cutthroat politics at the top level, being enforced on a backwards, non adequately industrialized country, dogmatic ideology, and having to fight a foreign superpower) does not "ample evidence" constitute.
Central planning != 20th century communism. We have much better examples of central planning, successful ones, in the western world.