Comments by "Harry Mills" (@harrymills2770) on "Monopolizing The Food Supply! w/ James Corbett" video.
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Leontief Input-Output Matrix is standard fare whenever introducing systems of linear equations.
Socialists and war planners love these matrices, because it makes them feel god-like. "See? All the outputs we need are controlled by all these inputs over here." Great for military logistics, and achieving very narrow goals over the short term, but terrible for planning entire economies, because every input along the way needs to be ORDERED, and the guys ordering don't care about the conditions at the coal mine or if you had a bad crop this year, or if there's labor unrest (or people dying) at the factory because the quotas are impossible to meet.
Input-Output matrices make no allowance for innovations that haven't yet been discovered or invented or for unexpected downturns due to external (or internal) factors that weren't built into the model. That's the beauty of a free market. as one thing shifts, everything shifts, all on its own, as everyone in the economy is trying to make their little piece of the economy the best they can make it, out of personal self-interest. The top-down planners have no concept of that. They just like to order people around.
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