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

Chris Doss lookoverhere1 at yahoo.com
Fri Mar 6 00:27:18 PST 2009


Wallmart doesn't actually produce anything, does it? It just handles distribution and pricing. The appliance on the shelf in Wallmart represents a lot more than just the efforts of Walmart, such as the combined work of all the different companies that together were required to construct the appliance.

--- On Fri, 3/6/09, Miles Jackson <cqmv at pdx.edu> wrote:
>
> 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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