Tis a joke

As I’ve heard one person say, “your right of way doesn’t matter if I run you over.” As a pedestrian, I always wait until I see the car slowing down before I step out in front of it.

I believe so, yes. Other to a the well-documented issues that arose from the information problem, Vivek Chibber has done some recent work on the incentive problems that also plague Soviet-style command economies. https://confrontingcapitalism.substack.com/p/why-soviet-style-planning-fails

Not only does it make sense from a global perspective, but it also makes sense economically. China would still be in the gutter if they didn’t have market engagement. The USSR, for example, failed dramatically at trying to have a strictly command-based economy.