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Who benefits and who suffers most from a centrally planned economy?

asked
User Diljeet
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1 Answer

7 votes

Benefits

The Central Planners -- all of those bureaucrats are employed with the purpose of creating the central planning and, as a result, their very livelihood exists only by dint of the planned economy.

Black Market Smugglers -- Black Market Smugglers get much more traffic for needed goods if the economy cannot anticipate people's needs and this happens very commonly in planned economies.

Suffers :

Everyone else

answered
User Groppe
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7.3k points
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