Instead of speaking of ‘free markets’ and buying into liberal propaganda, it’d be more accurate to speak of ‘planning for an individualistic hedonism’. Such a plan can be achieved by restricting the information available to producers, so that they see only ‘consumer demand’.
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The main alternative is not ‘socialist planning’ but ‘nationalist planning’. All states now run according to the individualistic-hedonistic plan (‘capitalism’) originally developed using nationalist planning, including the US. And it’s still employed for ’national security’.
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‘Socialist planning’ encounters a problem because socialism inherits the commitment to individualistic-hedonism from liberalism, but adds the goal of equality. It therefore has to try to plan the individualistic-hedonistic plan. A kind of meta-planning that leads over-planning.
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The communist states were developing states that tried to do nationalist planning using ideas from socialist planning (designed for a developed individualistic-hedonistic economy). China transitioned from this to just straightforward nationalist planning (Deng read List).
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Thus, ‘capitalism’ is just a kind of planning, partially realized by restricting the plans of subordinate departments (‘private corporations‘), that developed states employ to achieve specifically liberal goals (individualistic hedonism). Anti-liberals must reject it.
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