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Response to Phlem (Reply #38)

Sat Jun 11, 2016, 03:16 PM

54. And we all know how wonderful "democratic management of enterprises" has worked for



the people's prosperity!

This is my major critique of socialism, democratic or otherwise: democratic management of enterprises. Ruling by committee is the most ineffective, wasteful way of managing the economy. it is best left for highly educated bureaucrats free to apply their knowledge without being micromanaged. The government's role is to make sure the corporate governance complies with the nation's purpose: to protect and improve the lives of its citizens. Neoliberalism does jack shit in this respect; Third Way is all about it.

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