Audiobook7 hours
The People's Republic of Walmart: How the World's Biggest Corporations are Laying the Foundation for Socialism
Written by Leigh Phillips and Michal Rozworski
Narrated by Eric Jason Martin
Rating: 4.5 out of 5 stars
4.5/5
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About this audiobook
Since the demise of the USSR, the mantle of the largest planned economies in the world has been taken up by the likes of Walmart, Amazon and other multinational corporations.
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.
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.
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Reviews for The People's Republic of Walmart
Rating: 4.326923061538461 out of 5 stars
4.5/5
52 ratings4 reviews
- Rating: 5 out of 5 stars5/5Ties the premise and the history together quite nicely - lots of interesting, in-depth examples, very informative and well-narrated.
1 person found this helpful
- Rating: 5 out of 5 stars5/5Where's the 7 star button? Fantastic book, author, and reader.
Delightful voice, excellent pace, and wonderful lessons. - Rating: 5 out of 5 stars5/5Planning at a large scale is feasible, in fact most capitalist orgs use it internally. This book does a great job discussing how the infrastructure that already exists can be leveraged to build a socialist planning system that is distributed and democratic.
- Rating: 5 out of 5 stars5/5This book lays out the case that economic planning is a feasible approach to running an economic, on the basis that corporations use economic planning in its internal workings. Clear and concise, with a vibrant background on the basic points and a strong build-up to a polemic case for socialism.