01-21-2021, 09:10 AM
(01-20-2021, 01:50 PM)tomh009 Wrote: As long as there is enough electricity (being generated) for everyone, that makes sense.
What does that mean? A wealthier society can afford to generate more electricity than a poor society. In 99% of societies that have existed to date, “enough” electricity was none at all; and even now, “enough” in most places is an amount that probably wouldn’t run my dishwasher.
There is no way around it: you can ration by price, letting each person decide how to use their resources; or you can pretend that a central planner is capable of figuring out what people need and want. Hint: they can’t.

