Lessons in socialist economic planning, from Walmart.

Mar 2 2019

The challenge for the left is not to make arguments about planning being feasible - it's that long-term challenge of the left since the French Revolution - how do we democratize, in a deep way, the institutions we have that already work, that already plan a large part of our economy?

Leigh Phillips and Michal Rozworski explain why Walmart and other giant multinational corporations prove the feasibility of large-scale, centrally planned economies, and how the left could use the technology and infrastructure of capital to transform a global economy in service of equality and security for all people.

Michal and Leigh are authors of The People’s Republic of Walmart: How the World’s Biggest Corporations are Laying the Foundation for Socialism from Verso.