Maybe, and your right. Certainly not for everything. And it also eliminates choice and competition. A big downfall of socialism. On the upside if people don't have to work for necessities they can still focus on creating luxuries (Gourmet Pizza instead of soylent geen...). Making new markets. And potentially new currency. (Bitcion is something almost in this realm, though its really just yet another fiat).
I think it could work for some specific situations though.
And I do think prices/costs are artificially or meaninglessly high. This is however just an opinion I can't thoroughly back up with data for the sake of this debate.
I know there are a lot of alternative fuel sources we don't use because our economy and regulations are not fit for them. Pretty well studied.
Those ideas go back to my criticism of Obamacare.
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