This is the chain of events that collectivist statism always leads to. These morons always look at the past failures and arrogantly conclude it's because the wrong people were in charge. Nonsense. They're trying to impose a system so contrary to Man's nature that coercion is the only tool they have, and it still fails in the end.
This is mainstream thought among Democrats. Jan Sh1t-kowsky recently opined that law should prohibit employers from reducing employees to part time in order to avoid the Obamacare insurance requirements. Their war is with reality. So they want a law requiring doctors to take Medicare and Medicaid? In other words, price controls. And from there it's just a hop and a skip to telling doctors they can't retire or change careers.
These socialist masterminds always end up inventing some theory of "economic wrecking" to explain why their asinine system doesn't work.