Some parts of the economy are great under state control: monetary policy, military, infrastructure, healthcare, education, safety nets, etc.
Some parts prefer a mix of public and private investment: utilities, rail, airports, R&D.
Others work best with very little direct state control (other than regulations): most retail, consumer goods, IT, etc.
Some parts of the economy are great under state control: monetary policy, military, infrastructure, healthcare, education, safety nets, etc.
Some parts prefer a mix of public and private investment: utilities, rail, airports, R&D.
Others work best with very little direct state control (other than regulations): most retail, consumer goods, IT, etc.