I think what you mean to say is that a planned economy is fundamentally, theoretically, and practically broken. Socialism doesn&#x27;t necessarily mean a planned economy, there can be socialism with a market economy. Although I think some more economic planning is clearly necessary, just look at the environmental problems the &quot;let it run&quot; way of thinking has caused.<p>I think socialism is something that we need to transition into as our technology improves and does more work for us. What other option is there? If we don&#x27;t have enough jobs for everyone, the only two options that I see are 1. We create new useless bullshit jobs just so we can continue using the current system of resource allocation, or 2. We create a system in which the means of production are at least partly owned by the society as a whole so the benefits of automation are more evenly distributed.