The planned economy is imperative in socialism. It is by the method of planning the economy that the socialist attempts to actualize his ideals. One way he can achieve his goals is to dissolve private enterprise and organize a planned economy centralized in the state.
“If men were angels, no government would be necessary,” wrote James Madison in 1788. It would be disingenuous to assert that all the founding fathers agreed on the extent of the federal government, but they all agreed that government was necessary.