This creates exactly the same set of problems. A CEO has to compete with other CEOs, if they don’t do so efficiently they will fail and another will take their place. A government committe doesn’t have to compete with anybody, if they fail, you just end up with a society that gradually deteriorates. A CEO also has to deal with market forces, a government committe does not. A government committe doesn’t have to produce goods that people want, they only have to align their resource allocation with the central plan, as their country is gradually eroded underneath them. Your argument is trying to have its cake and eat it too, it doesn’t resolve any of the inefficiency of central planning, it just shifts it down the road a bit.
> A government committe doesn’t have to compete with anybody
In theory, a failing government is replaced by a different government. In practice, whether voters successfully identify problems and pick a better winner is an open question.
