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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 ...
This is a shift from the era of Walmart and Amazon, which created tremendous profits for a few, but eroded opportunities for the many, including local communities, small businesses and artisans. Online marketplaces such as Etsy and Zaarly are aiming to help small businesses flourish again.
1 Introduction 1.1 The P2P Foundation approach to re-embedding markets and making them work for the commons 2 Characteristics of Alternative Economies 2.1 The 5 T’s of a Regenerative and Distributive Market Mechanisms 3 Characteristics of Generative Ownership Forms ...
Leigh Phillips' and Michal Rozworski's 2019 book The People's Republic of Walmart argues that multinational corporations like Walmart and Amazon already operate centrally planned economies in a more technologically sophisticated manner than the Soviet
The Adirondacks community of Saranac Lake, New York, (pop. 4,800) stopped a 120,000 square-foot Walmart from opening in 2006 by preventing the commercial rezoning of several key parcels. Gail Brill, a local businesswoman and community activist, noted while the anti-Walmart campaign was successful, Saranac Lake still needed more retail options.
They are giant networked firms like WalMart and Apple, which have their products manufactured in China, coordinate their work forces and supply chains through sophisticated IT systems, and sell their wares on the web as well as in the store. Or they are which ...
"The case for democratic planning has recently been restated by Leigh Philips and Michal Rozworski in their very readable The People’s Republic of Walmart. Their argument hinges on the presence of ‘islands of planning’ in a sea of market competition in the form of the vast operations of corporations.