The great results of central planning
Significant part of the environmental demands can be attributed to the fact that those who are making them are reasonably wealthy. I see no problem with reach people installing solar panels as main energy resource for their homes - although they are significantly less efficient and thus more expensive. I also don’t mind the organic foods stores and those who are shopping in them. What I do mind is when those inefficiencies being forced on the rest of the world. I do mind when african countries are being forced to use solar paneling, although its hold back their development and keeping them in higher degree of poverty, so some comfortably wealthy western people will walk around thinking that they are saving the world.
Much worse is the case of ethanol. Not only isn’t it good for the environment but the major incentives given to its production makes it harder on poorer people, in poorer countries, to feed themselves:
Biofuels have forced global food prices up by 75% - far more than previously estimated - according to a confidential World Bank report obtained by the Guardian.
[...]
Rising food prices have pushed 100m people worldwide below the poverty line, estimates the World Bank, and have sparked riots from Bangladesh to Egypt. Government ministers here have described higher food and fuel prices as “the first real economic crisis of globalisation”.
The food prices crisis was completely avoidable, would we not introduced artificial incentives. Leaving food production to be decided by the real demands would have self regulated sufficient amount of food. But central planning is so much more superior, it has such a great record…
Tags: Central Planning, Ethanol, Food CrisisRelated posts