Thursday, November 9, 2017

Rick Kelo Explains the Command Economies

There are two forms of command economies: fascism & socialism.  Command economy shouldn't imply socialist economy necessarily.  All socialist economies are command economies, but not that all command economies are socialist.  The presence of a Command Economy is irrelevant to the form of political organization as well, it by definition refers only to the form of economic organization.

The main point of confusion for some occurs in separating political systems from economic ones.  A country can have a totalitarian political system and a free market economy.  It's not terribly common but there's nothing about having a free market economy that requires political freedom.  However, in reverse it is necessary to have economic freedom in order to have political freedom.  Rick Kelo teaches that a country cannot have a command economy and have political freedom because the very imposition of a command economy requires an absence of political freedom in order to impose.

For example how can their be freedom of the press when the government owns the presses?

Richard Kelo

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