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People's Republic of Walmart by Leigh Phillips
£10.99
Out of stock
Product Ref. (e.g. ISBN, SKU)
9781786635167
Published:
05 Mar 2019
Format:
Paperback
Number of pages:
160 pages
Dimensions:
198x129x18mm
Weight:
0.231kgs
Author:
For the left and the right, major multinational companies are held up as the the ultimate expressions of free market competition. Their remarkable success vindicates the old idea that our modern societies are too large, too complex and difficult, to be subjected to a plan. And yet, as Leigh Phillips and Michal Rozworski argue, late capitalism already operates by central planning. The sheer economic weight of multinational, corporate giants means that the decision making of its owners decides the fate of virtually everyone else downstream of them, shaping the fortunes of much of the world. Not only is planning possible, we already have it. Except all the power is concentrated in the hands of a selfish few. Against the dictatorship of capital, 'The People's Republic of Walmart' is a clarion call for a return to collective decision making in all matters economic.
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.
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.
About the Author: Leigh Phillips is a science writer whose work has appeared in Nature, Science, the New Scientist and the Guardian, amongst other publications.
| Number of pages | 160 |
|---|
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