The only trouble with limiting peoples' ability to freely engage in what they believe will be mutually benefitting transactions (even if the participants sometimes don't benefit), is you must limit their other freedoms in order to be successful. Inevitably some "greedy capitalists" and other resistors who drag their feet must be killed. Some advocate that this is a small price to pay given the positive social outcomes. Unfortunately the historical examples of successful highly regulated or centrally planned economies are hard to find.
However, the failures are almost limitless (most links are all to Wikipedia in an attempt to avoid any media bias on either side):
Asia
- North Korea (Economy, Human Rights)
- Laos (Economy, Human Rights)
- Khmer Rouge Cambodia
- Pre Doi Moi Vietnam
- Moaist China (Economy, Human Rights)
Europe (Eastern Bloc)
- Soviet Union
- East Germany
- Poland
- Romania
- Czechoslavakia
- Bulgaria
- Hungary
- Albania
- Venezuela (Economy, Human Rights, Human Interest)
- Cuba (Economy, Human Rights, Human Interest)
Africa and the Middle East
- Zimbabwe (Economy, Human Rights)
- North Yemen (Economy, Human Rights)
- Post Revolution Iran (Economy, Human Rights)
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