Word info Synonyms

central planning

Noun

Meaning

English Wikipedia has an article on:central planningWikipedia
central planning (uncountable)

(economics) A mechanism for allocating resources centrally, as opposed to leaving it up to the free market.

Source: en.wiktionary.org

Synonyms

Examples

[C]apitalism is as much to blame for the consolidation and homogenization of nations as champions of progressive central planning are, if not more so. Jonah Goldberg

The chasm between what central planning and liberal society brought us, should be the most studied phenomenon of our times. One looks in vain for such study in our research, textbooks, schools, and universities. Alan Charles Kors

[F]reedom depended ultimately on the outcome struggle between private property, voluntary production, and voluntary exchange on the one hand, and central planning on the other. Alan Charles Kors

Conservatives believe in free markets. Liberals believe in government controls and central planning. Mike Rosen

My view... would be that we are entering upon a new and interim society which is neither capitalist nor socialist, but in which we can achieve central planning without loss of individual initiative, by the mere process of absorbing initiative in the function of planning. John Grierson

Let me say that I think the economic history of the last 150 years clearly shows that if you want to industrialize a country in a short period, let us say 20 years, and you don't have a well-developed private sector, entrepreneurial class, then central planning is important. Manmohan Singh

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