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whatshisface parent
Doesn't every nationwide firm engage in central economic planning?
dh2022
Yes and no. A large national firm like Starbucks has a national annual plan. However, this national plan is made up of a lot of little regional plans which are then combined together. This national plan is then executed. Execution relative to plan is assessed every quarter; and every quarter the plans (both national and regional) are adjusted. This assessment and these adjustments are done at both national level and also at regional level.
immibis
Were the Soviet Union plans not also made of the plans of individual regions? (did you ever wonder what the Soviet Union was a Union of?)
WalterBright
Yup. But they have competitors!
whatshisface OP
It sounds like the issue is competitors or the absence thereof more so than central allocation based on market forecasts being possible or impossible.
WalterBright
> It sounds like the issue is competitors

You nailed it.

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