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by 0x27081990 3202 days ago
>You can't control for every variable in a market. It just isn't possible. Even economic "laws" like supply and demand have counter examples like Giffen goods.

That's the whole point. Markets are decentralized brains, while Socialism advocates that a government as a central planner will be more efficient (it could be more efficient in specific cases like total war or natural disasters) and lead to Communism where we won't even need a government because society will behave as one being.

The lesson of the pencil comes to mind: https://www.youtube.com/watch?v=R5Gppi-O3a8