Laissez-faire

[Schvoss]

Why Laissez-faire tend to fail? it doesn't make sense, Laissez-faire is perfect. It should work without any problems. Paradox need to fix this issue in Victoria III

[Belgian Problem]

Depends upon country. Small countries do not have the raw industry to make Laissez-Faire work, while large countries with established industry will profit from it.

[Unit 202]

Originally posted by Donald J. Trump:

Why Laissez-faire tend to fail? it doesn't make sense, Laissez-faire is perfect. It should work without any problems. Paradox need to fix this issue in Victoria III

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!!! I wonder why you're Donald Trump? I'll give you a hint, Planned economy is godly in all aspects in this game for sure. My German Proletarian Dictatorship made millions more than my capitalist heavy German Monarchy, not to mention being the only country with aeroplanes and a near monopoly on all things mechanical. Also Laissez-faire isn't perfect at all. But yes, it does work best with big nasty industrialized nations full of capitalists, but still pales in comparison to a dictatorship of the proletariat.

[Nizaker]

Laissez Faire doesn't work because your steaks were so bad that it was an anti thesis to the very own interest of Smith's butcher.

[Metalsie]

You need a large country with large population. Laissez Faire in this game is essentially AI control of the industry. It "fails" in small nations because some factories are unprofitable and capitalists can't create or upgrade other factories fast enough to provide a net improvement on the economy.

[Schvoss]

Y'all need some Ayn Rand.

[A Salty Weeaboo]

Larger countries tend to do ok with Laissez-Faire, such as late game Russia or Civilized China. But many nations obviously fail with it. It was probably done on purpose in the game to reflect that many countries with Laissez-Faire failed in real life in this time period.

[glock30owner]

The reason that Laissz-Faire fails is that you don't have enough population working the factory to make it profitable. Usally at about 2-3000 clerks/craftsmen a factory will start to be profitable consistantly as long as the goods needed are provided.

If you have a large population of workers for the factory and no problem getting the goods you meed, the AI will be successful building factories and keeping them running. Just don't expect the AI to build you the factories you need for your war efforts or to build factories in states that produce the input goods.

[Liberty Prime]

The problem is that it only works well with an established economy. The best way to start your economy is to go state capitalism, and later interventionism when your industry is doing well. When you get to the point where managing your factories is a huge chore (China cough cough) you might be best with good ol pure capitalism.

[Misterwheatley]

State Capitalism and Inteventionalism are the way to go.

[Jewstein Goldsmith]

Planned Economy is impossible if your demands are high, there's no way you can micromanage 100s of factories, unless you devote hours and hours to doing just that.

[Schvoss]

Originally posted by Libertarian Fascist:

Planned Economy is impossible if your demands are high, there's no way you can micromanage 100s of factories, unless you devote hours and hours to doing just that.

That's why Soicalism doesn't work.

[Unit 202]

Originally posted by Donald J. Trump:

Originally posted by Libertarian Fascist:

Planned Economy is impossible if your demands are high, there's no way you can micromanage 100s of factories, unless you devote hours and hours to doing just that.

That's why Soicalism doesn't work.

Because in Socialism one guy has to manage all of the factorie's production irl and that isn't just a flaw in the game design.

[Schvoss]

Originally posted by XPYSH AYGH:

Originally posted by Donald J. Trump:

That's why Soicalism doesn't work.

Because in Socialism one guy has to manage all of the factorie's production irl and that isn't just a flaw in the game design.

I did not ssy that, irl the government needs to consulate every detail to make the system work, it's too much work even for the government, it always leads to failures and mass starvations. Let the people do what they want let the market be it.

[Belgian Problem]

Originally posted by Donald J. Trump:

Originally posted by XPYSH AYGH:

Because in Socialism one guy has to manage all of the factorie's production irl and that isn't just a flaw in the game design.

I did not ssy that, irl the government needs to consulate every detail to make the system work, it's too much work even for the government, it always leads to failures and mass starvations. Let the people do what they want let the market be it.

Socialism doesn't work?

10 of the most "Socialistic" countries:

China
Denmark
Finland
Netherlands
Canada
Sweden
Norway
Ireland
New Zealand
Belgium

The only one that can be considered a "Failure" is china, and even then they're a world superpower.

[Schvoss]

Originally posted by Belgian Problem:

Originally posted by Donald J. Trump:

I did not ssy that, irl the government needs to consulate every detail to make the system work, it's too much work even for the government, it always leads to failures and mass starvations. Let the people do what they want let the market be it.

Socialism doesn't work?

10 of the most "Socialistic" countries:

China
Denmark
Finland
Netherlands
Canada
Sweden
Norway
Ireland
New Zealand
Belgium

The only one that can be considered a "Failure" is china, and even then they're a world superpower.

LMAOOO!!! same ♥♥♥♥ different person, these Socialists are ♥♥♥♥♥♥♥ brain dead

Heres the definition of S O C I A L I S M if you don't know mate.

- any of various economic and political theories advocating collective or governmental
ownership and administration of the means of production and distribution of goods.
- a system of society or group living in which there is no private property.
- a system or condition of society in which the means of production are owned and
controlled by the state.
- a stage of society in Marxist theory transitional between capitalism and communism and
distinguished by unequal distribution of goods and pay according to work done.

''10 of the most "Socialistic" countries:'' I died when I read this, typical Socialists lies,

Scandinavian countries are not socialist, first of all. This is something that many people get wrong. In fact, the President of Denmark had to publicly come out and ask Bernie Sanders to stop calling them one. They are capitalist, market economies with high tax rates and generous social programs.

So if you frame the situation that way, the question becomes more about capitalism than socialism. Why? If you want social programs you need to pay for them. So take a look at something like this.

Throughout the years, the Nordic governments have made it easier to do business. They want to make it as easy as possible to generate as much capital as possible to get the high tax revenues they need to fund their social programs.

Then you have to factor in things that help them put even more money to social welfare like military spending. The US, through many treaties (the largest of which being NATO) disproportionately pays for the possible defense of many of these countries (well, their taxpayers do), meaning money European countries don't have to spend on their military can go to things like college and health-care.

In addition, they have low levels of government corruption which isn't an economic thing as much as it is that small governments tend to be less corrupt than large ones.

To put the scope of these countries into perspective, the GDP of Norway is estimated to be 400 billion USD. There are 14 states in the US that produce more than they do, so what you're really talking about is not how to coordinate a gargantuan national government, but how to make a decently large state government more efficient which is a much easier task.

That's just a rough sketch of why they can do what they do, but hopefully it was helpful.

http://www.investors.com/denmark-tells-bernie-sanders-to-stop-calling-it-socialist/
https://en.wikipedia.org/wiki/Ease_of_doing_business_index#Ranking
https://en.wikipedia.org/wiki/Corruption_Perceptions_Index#2015


Now stop lying and go learn some economics.