[−]TacticalCoder · 2026-11-15 Sun 11:51 UTC ·
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> The “planned economy” concept didn’t really work out last time it was tried.
It's currently being tried in France and the results are, unsurprisingly, devastating. France officially entered a recession (two trimesters in a row with negative GDP growth). It's a country where close to 60% of the GDP is public spending: a circular economy where the government confiscates all the money to give it to public servants and public aids, which then goes back to the government doesn't work.
There's an article, the main article, frontpage today on the biggest (leftist of course) french newspaper:
"Le lent declin economique de la France face au reste de l' Europe"
"The slow economical decline of France compared to the rest of Europe"
As a sidenote I'll point out the most of Europe, including the Eurozone, has seen basically zero growth inflation adjusted since the Euro was introduced, while at the same time the GDP of both the US and China have experience tremendous growth.
So that headline is saying: "A planned economy is eff'ing France in an already eff'ed Europe".
It's currently being tried in France and the results are, unsurprisingly, devastating. France officially entered a recession (two trimesters in a row with negative GDP growth). It's a country where close to 60% of the GDP is public spending: a circular economy where the government confiscates all the money to give it to public servants and public aids, which then goes back to the government doesn't work.
There's an article, the main article, frontpage today on the biggest (leftist of course) french newspaper:
https://www.lemonde.fr/economie/article/2026/11/15/le-lent-d...
"Le lent declin economique de la France face au reste de l' Europe"
"The slow economical decline of France compared to the rest of Europe"
As a sidenote I'll point out the most of Europe, including the Eurozone, has seen basically zero growth inflation adjusted since the Euro was introduced, while at the same time the GDP of both the US and China have experience tremendous growth.
So that headline is saying: "A planned economy is eff'ing France in an already eff'ed Europe".
> while at the same time the GDP of both the US and China have experience tremendous growth
On the other hand, China is a planned economy