While you are admiring Darwinism, keep in mind that all-natural ecosystem collapse is a thing, and 6 all-natural mass extinction events had >90% of all living things disappear.
That is nature, thats my point - it is brutal and murderous.
If you don't want to die from them you don't rely on Darwinism and if you don't want economic collapse and famine every time a new strain of flue evolves you dont wait for 'muh free market' to save you.
Nature is unpredictable and always changing. This is why any attempt at planning markets is destined to fail. And it has - the specter of famine was always-present during my life under communism.
Darwinism means adaptation. In markets, when people are free and allowed to keep their (majority of) gains, they will struggle to learn, change and adapt. Planners are neither motivated nor able to do either. They are the ones bringing the economic collapse. Look at the ham-fisted way they "avoided" last year's crash: not only we all paid a 9% tax, but we are now in a more fragile position than ever, dependent on a monetary policy we know is completely unsustainable at best.
"Planners are neither motivated nor able to do either. They are the ones bringing the economic collapse."
Erm, no, its the briliant free market optimised supply chains that have failed and gave us this inflation.
The free-market has ensured that the entire continent of North America produced Zero medical masks in the first year of the pandemic because there is no meltblown production on the entire continent. There was zero stock because everyone is 'just in time manufacturing'
It is also free market that controls the velocity of money, and when people can't get the goods they need because they are all stuck on the other side of the olanet, they start outbudding each-other and yiu get inflation. Eve all central bankers stopped existing before this crisis, the inflation of consumer economy would be exactly the same
You might want to investigate the economic collapses caused by government run monetary systems. Like the Weimar Republic you mentioned - that collapse led to Nazism. Not a ringing endorsement for central banking, amirite?
BTW, are you enjoying the 9% haircut we all got in the last year courtesy of central banking?
"Not a ringing endorsement for central banking, amirite?"
Which type of spherical cow free-market economy should i compare it too? No matter what system i pick, from medieval gold based systems to modern floating currency, someone goes "ThaTs NoT Real Free MaRKet!" It's like communism, not real life system was ever the real deal.
P.S. Evolution is not a stable system, and free markets aren't stable, either. Socialism promises stability, but history shows it's even less stable, as it is unresponsive to market changes.
so it only happening 6 times over the 2.3 billion years is not a bad record. Human designed systems have barely over 5000-10000 years of history, and most only last a couple hundred.
Are you sure about that? Or have people just not discovered the cause yet?
Pick one, let's explore it.