I am not an economist, but I worked on the infrastructure of the EU subsidies to the agricultural sector and it's all planned economy in everything but the name.
The only (major) difference is that EU manages the agricultural industry with subsidies, and not direct orders. That is, you can not survive as independent farmer. You only survive as a part of a larger scheme of things where you get a subsidy for planting potatoes, a subsidy to reduce milk production, a subsidy to keep reserve in a barn that you built by obtaining a subsidy.
Comments
I am not an economist, but I worked on the infrastructure of the EU subsidies to the agricultural sector and it's all planned economy in everything but the name.
The only (major) difference is that EU manages the agricultural industry with subsidies, and not direct orders. That is, you can not survive as independent farmer. You only survive as a part of a larger scheme of things where you get a subsidy for planting potatoes, a subsidy to reduce milk production, a subsidy to keep reserve in a barn that you built by obtaining a subsidy.
See this for a starter: https://en.wikipedia.org/wiki/Common_Agricultural_Policy