Published earlier this year, but still relevant.

  • Avid Amoeba@lemmy.ca
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    13 hours ago

    Yes my point is that it’s a feature of using the market to decide these variables in the economy, that includes the supply-demand dynamics. If we used some form of planning at the macro level that takes data from the industry and educational institutions, project long term direcrion, and propagate targets or at least expectations down the industry and educational institutions, we could save a ton of real resources and parts of people’s lives, and reduce the negative social effects of this process. Effects that destabilize the whole system if they grow to any significant proportions.