The first point would be more of an issue in terms of that particular state's particular economic policies: in a democratic state, economic policies that would not result in such an outcome would win out.
The second point... do you mean to say that, were there to be many job-assigning institutions competing to get the same job performed at the least possible cost, the equilibrium would fall into job-performers being given more resources than what they would receive were they to be considered disposable cattle? That only works if the work-performers are scarce, in which case it doesn't matter whether there is one or many institutions competing. And if the work-performers are abundant, the equilibrium will fall into them being given exactly as many resources as they physically need to perform their job.
In a perfect market, centralizing or decentralizing doesn't achieve anything: what matters is simply offer and demand.
Also, why do you put scare quotes around "economic planning" and "economic policy"?
The first point would be more of an issue in terms of that particular state's particular economic policies: in a democratic state, economic policies that would not result in such an outcome would win out.
No, my point is that by and large states don't need and shouldn't have "economic policies".
...The second point... do you mean to say that, were there to be many job-assigning institutions competing to get the same job performed at the least possible cost, the equilibrium would fall into job-performers being given more resources than what they w
I have found this most wonderful (if fairly lengthy) article, and thought you would enjoy having it brought to your attention.
It is so good, I think we should include it among the references in the "Politics is the Mind Killer" wiki page. But, before that, I submit it to you, and ask you: is there anything in this article that would warrant its exclusion from this site? I mean, besides the fact that it is about politics, and written by a notorious Social-democrat (And is that in itself grounds for exclusion?).