Planned economy  

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"Machines for living:" for various critics, including Tom Wolfe, the Pruitt-Igoe housing project illustrated both the essential unlivability of Bauhaus-inspired box architecture, and the hubris of central planning.
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"Machines for living:" for various critics, including Tom Wolfe, the Pruitt-Igoe housing project illustrated both the essential unlivability of Bauhaus-inspired box architecture, and the hubris of central planning.

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A planned economy is an economic system in which decisions regarding production and investment are embodied in a plan formulated by a central authority, usually by a public body such as a government agency.

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Unless indicated otherwise, the text in this article is either based on Wikipedia article "Planned economy" or another language Wikipedia page thereof used under the terms of the GNU Free Documentation License; or on research by Jahsonic and friends. See Art and Popular Culture's copyright notice.

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