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Interestingly, individual firms behave more as centrally-planned economies, and market activity is mostly absent inside of them. This is a long-studied curiosit
by mitthrowaway2 3y ago
Interestingly, individual firms behave more as centrally-planned economies, and market activity is mostly absent inside of them. This is a long-studied curiosity: https://en.wikipedia.org/wiki/Theory_of_the_firm https://en.wikipedia.org/wiki/Theory_of_the_firm
- Propelloni 3y agoThe book _The People's Republic of Walmart_ by Leigh Phillips <sp?> and Michael Rozowski <sp?> makes a compelling argument why employing the same technologies companies use to manage supply chains and decision making on a state level could actually produce a working communist system. Of course, we first would need to agree that this is desirable and that's probably the point where it breaks down.