That's just socialism in general. Pretty much you do whatever you "want" to do and you get whatever you "need." There's a reason why it doesn't work, I just put it down somewhere, and now I just can't find it. Hmmm...

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"The raw fact is that every successful example of economic development this past century--every case of a poor nation that worked its way up to a more or less decent, or at least dramatically better, standard of living--has taken place via globalization; that is, by producing for the world market rather than trying for self-sufficiency."

-- Paul Krugman