In Praise of Planning
In our crisis-ridden world, could centralized economic planning, rather than the ideal of free markets, be the solution?

Leigh Phillips and Michael Rozworski (2019). The People’s Republic of Walmart: How the World’s Biggest Corporations are Laying the Foundation for Socialism. Verso Books.
What makes this cleverly titled book worth returning to five years after its publication? The authors, Leigh Phillips and Michael Rozworski, develop a deceptively simple argument: Pay closer attention to what major corporations like Walmart do, and less to what free-market ideologues say, and you’ll find that most capitalist enterprises operate more like carefully planned command economies than idealized market actors. Centralized planning, far from being relegated to the scrapheap of twentieth-century history, is alive and well at the heart of American capitalism: It lies at the core of what companies like Amazon and Walmart do every day.






