The People's Republic of Walmart : How the World's Biggest Corporations are Laying the Foundation for Socialism (178663516X)

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For the left and the right, major multinational companies are held up as the ultimate expressions of free-market capitalism. Their remarkable success appears to vindicate the old idea that modern society is too complex to be subjected to a plan. And yet, as Leigh Phillips and Michal Rozworski argue, much of the economy of the West is centrally planned at present. Not only is planning on vast scales possible, we already have it and it works. The real question is whether planning can be democratic. Can it be transformed to work for us?

An engaging, polemical romp through economic theory, computational complexity, and the history of planning, The People's Republic of Walmart revives the conversation about how society can extend democratic decision-making to all economic matters. With the advances in information technology in recent decades and the emergence of globe-straddling collective enterprises, democratic planning in the interest of all humanity is more important and closer to attainment than ever before.

Product details

• Format Paperback | 256 pages
• Dimensions 129 x 198 x 18mm | 231g
• Publication date 06 Aug 2019
• Publisher Verso Books
• Publication City/Country London, United Kingdom
• Language English
• ISBN10 178663516X
• ISBN13 9781786635167
• Bestsellers rank 127,239

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