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Also, I'm not exactly a supporter of central planning, but it is worth noting, against conventional "market fundamentalism", that firms make fairly centralized

• eli_gottlieb 11y ago
  >And that becomes increasingly inefficient as firms get larger, which is one reason why you generally don't end up with one company running everything. That's not quite true. While internal firm planning does seem to get less efficient as firms get larger, that inefficiency doesn't seem to stop firms from actually getting larger, or gobbling each-other up to form monopolies and oligopolies. The real-world upshot seems to be that as long as firms are allowed to grow past the point of efficient planning and efficient competition, they will actually harm the larger economy by attempting to grow and consume market share even when doing so makes them less economically efficient.