With a corporation you can always quit but in the eastern block you couldn't do that because of armed border guards.
Hayek says that central planning of an entire economy results in dictatorship, because conflicting interests have to be resolved by non economic means that involves the pressure of a secret police. i think he was right, it doesn't matter how many computers you have for solving planning problems, there always remain conflicting interests when the big father in the ministry has to decide who gets the stuff, central planing turns matters of distribution into political problems
Hayek says that central planning of an entire economy results in dictatorship, because conflicting interests have to be resolved by non economic means that involves the pressure of a secret police. i think he was right, it doesn't matter how many computers you have for solving planning problems, there always remain conflicting interests when the big father in the ministry has to decide who gets the stuff, central planing turns matters of distribution into political problems