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I'd be interested too. I've seen takes loosely along these lines before, but my familiarity is pretty shallow and I don't remember specific sources. There's a l
by 0xcde4c3db 5y ago
I'd be interested too. I've seen takes loosely along these lines before, but my familiarity is pretty shallow and I don't remember specific sources. There's a line of thought that traditional pro-capitalism analysis of the "economic calculation problem" would tell us that a massive corporate retailer like Walmart should be mired in inefficiency compared to retailers with more localized authority (e.g. regional or franchised chains). Since that's not what we see, something must be missing from the analysis. For example, some have proposed that technological advancements (in fields including telecommunications, logistics, and accounting) have made centralization radically cheaper and more effective since the 1980s or so.