Political Calculation has been destroying sound Economic and Science Calculations and dictatorial distortions are forcing hardship. This contrasts with the Platonic notion that government being run by the genius of a philosopher-king can know what you need tomorrow and can provide it.
Ironically, today’s unprecedented shortages of goods or services are the result of central planners imposing omnipotence, while pretending omniscience.
History instructs that relative prosperity rests upon freedom--the beneficial result of decisions made voluntarily by individuals. Practical Economic Calculation is based upon gazillions of decisions about whether to buy or not to buy, work at a certain trade or develop a new product or service. Going the other way, Political Calculation has control freaks intruding upon most everyone’s life, resulting in the governing classes living and promising well to the detriment of ordinary folk. The latter is through arbitrary decisions being forced upon society as government poses as acting for the good of the public--but is essentially acting in its own self interest. And history shows that the ultimate financial tool has been state-imposed inflation that steals earnings from everyone.