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Book Review: People's Republic of Walmart
ANDY HEDGECOCK recommends a challenge to conventional thinking on a socialist planned economy
PIC CAP: Planning for a global socialist future? A Walmart supercentre in Argentina Pic: MewMeowth/Wikipedia

People’s Republic of Walmart: How the World’s Biggest Corporations Are Laying the Foundation for Socialism
by Leigh Phillips and Michal Rozworski
(Verso, £9.99)

 

IGNORED both by conservatives obsessed with the “invisible hand” of the market and socialists caught up in the drama of challenging oppression, planning doesn’t elicit a passionate response.

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The authors do not merely rehash the notion that economic planning is useful in securing fairer distribution of goods and services — they see it as an engine for the creation of a fairer and more sustainable society.

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