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by RodericDay 3668 days ago
Actually, the questions discussed in Ronald Coase's "Theory of the Firm" are alive and well

Central planning and command economies work really well inside corporations, such as Apple or Google. They don't make internal decisions by hosting mini-markets and pitting their workers against each other, they have departments who study demographics and departments that study research and logistics and so on.

Tankies claiming the fall of communism is just around the corner are in the same bucket of "bad" as free market libertarians who adore corporations.

2 comments

>Central planning and command economies work really well inside corporations, such as Apple or Google.

That's because they can fire anyone that works for the company who doesn't agree with the goals. Do you propose to jail or disappear people that disagree and work against the direction defined by the central plan?

I mean that's only if you have some over arching entity that does all of the planning that commands from the top down. Some people argue for planning at a regional level and cooperating on a larger scale as needed, or organizing work into industry wide unions where leadership is democratically elected, immediately revocable, and the unions go around to communities to gather input for what is needed. If people were being difficult they would likely be kicked out, like a company today. I would hope people still provide for them

Again though, I'm not here to talk about the failings of autocratic state planning advocated by tankies.

The government equivalent would be loss of citizenship or residency rights (exile), not jail or death.
Sometimes they work, and sometimes they don't -- corporations fail all the time. The crucial difference is that when a corporation gets it wrong, it fails and is replaced by another that does not get it quite as wrong.