central planning is not incompatible to democratic concesus, central planing of economy is orthogonal to society's method of rule.
ok lets recap, nash equilibrium existence does not guarantee
1 stability of the eq
2 optimality of the eq
3 reachability of the eq
4 persistance of the eq
now tell me why one should invest playing a game with uncertain outcome? for some illusion of freedom of tv-imposed choice?
This is somewhat akin to:
A: - If you want to jump from an air plane, the only way to have a possibility to reach the ground safely, is with a parachute
B: - Jumping with a parachute doesn't guarantee:
1) that it will open
2) that the ropes will not mangle
3) that down under you will not fall into a lake and drown
now tell me why on earth I should use a parachute with an uncertain outcome ? Let's jump without !