Posted on Wed 27 May 2020

The People’s Republic of Walmart: How the World’s Biggest Corporations are Laying the Foundation for Socialism cover

Leigh Phillips, 2019

1786635186, 257 pages

Raises some interesting points on how planning takes part within capitalist firms, but doesn't provide much detail. Additionally it misses the importance of competition in ensuring the efficiency of planning in a market economy - under monopoly conditions (which is what a state planned economy would amount to), planning in capitalism is just as inefficient as in failed communist states!

Tags: book, review


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