pull down to refresh

Yeah I was reading China is trying to fix its real estate issue since that bubble blew up and that the thing was a huge eye sore for most
10 sats \ 5 replies \ @kepford 4h
Central planning... sadly the US does it as is the case in California. Honestly, its mostly a question of scale and hubris.
reply
Imma throw the US a bone with the National Highway System and the economic boom that has created. I’m not sure I’d classify a Cali project like the high speed rail as central planning because the state is footing most of the bill. Which while still bad Government officials are closer to their constituents than Congress kinda like how even closer more are the local governments
reply
0 sats \ 3 replies \ @kepford 4h
Its about as central planned as you can get... its not like there were private companies trying to do it. Its not like there was massive demand. I've followed it for years. I disagree but my definition of central planning must be more broad than yours. If something isn't created by the market but instead by a government out of the blue I call that central planning.
Its not much different than the USSR deciding how many shoes to make. The state is deciding how much demand there is for this.
reply
Yeah I guess working for Congress my view of central planning has dramatically changed to what the Federal Government orders but your thought process is for sure 100% correct to that’s just not the way I think of it off the top of my head.
How do you feel about the Texas Central? It’s mostly private but they are using eminent domain in some situations?
reply
0 sats \ 1 reply \ @kepford 4h
Never heard of Texas Central but I view eminent domain as a not so sophisticated name for a crime family forcing a land owner to sell against their will. Its abusive and against natural law. Its an example of the monopoly on violence the state (governments) hold. If you or I try this we will be locked up. Get enough people together to vote / believe in a government and its suddenly OK to do. Opposed to it morally and logically.
reply
0 sats \ 0 replies \ @kepford 4h
I get that my view is in the minority. It has come from years of thinking about these things far to much.