[lbo-talk] IT innovation and "the Markets"

Miles Jackson cqmv at pdx.edu
Thu Mar 5 23:41:09 PST 2009


SA wrote:
> Miles Jackson wrote:


>> Umm--are you arguing that multinational corporations don't do "central
>> planning"? Really?
>
> Yes, I am saying that.
>
> Multinational corporations don't do central planning; they don't plan
> whole economies. If a corporation planned a whole economy, it wouldn't
> be a corporation anymore, it would be a central planning ministry.

You're setting up a straw man: no society has "planned a whole economy". The centralized planning that occurs in a multinational corporation like Walmart is clearly comparable to the scope of the planning in the examples of socialist production I've provided. It's just that the goal of the planning at Walmart is private profit rather than the common good.

Miles



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