The People's Republic Of Walmart
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The People's Republic Of Walmart
''The People's Republic of Walmart: How the World's Biggest Corporations are Laying the Foundation for Socialism'' is a 2019 book by Leigh Phillips and Michal Rozworski, published by Verso Books. In the book, Phillips and Rozworski argue that large multinational corporations, such as Walmart, are not expressions of free-market capitalism but instead examples of central planning on a large scale. They also argue that the question is not if large-scale planning can work, but if it can be made democratic to serve everyone's needs. Reception Boing Boing praised the book's vision as "audacious and exciting," adding that the authors "have outdone themselves with this volume." The ''New Statesmen'' called the book "a timely exhortation to rethink the wisdom that markets always do it better." The ''Vancouver Sun'' said that the book is proof that "socialists can have a sense of humour – and make sense" and that both "Already committed socialists ... and general readers" will find much ...
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Verso Books
Verso Books (formerly New Left Books) is a publishing house based in London and New York City, founded in 1970 by the staff of ''New Left Review'' (NLR) and includes Tariq Ali and Perry Anderson on its board of directors. According to its website, it's the largest independent, radical publishing house in the English-speaking world, publishing one hundred books a year. '' Harper's'' called it "Anglo-America's preeminent radical press," and ''The Sunday Times'' called it "a rigorously intelligent publisher." Operations In 1970, Verso Books began as a paperback imprint of New Left Books and became its sole imprint. It established itself as a publisher of nonfiction works on international politics. Verso Books has also periodically published fiction over its history. On April 8, 2014 Verso began bundling DRM-free e-books with print purchases made through its website. Verso's managing director and US publisher, Jacob Stevens, stated that he expected the new offer on the Verso w ...
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Morning Star (British Newspaper)
The ''Morning Star'' is a left-wing British daily newspaper with a focus on social issues, social, political and trade union issues. Originally founded in 1930 as the ''Daily Worker'' by the Communist Party of Great Britain (CPGB), ownership was transferred from the CPGB to an independent consumers' co-operative, readers' co-operative, the People's Press Printing Society, in 1945 and later renamed the ''Morning Star'' in 1966. The paper describes its editorial stance as in line with ''Britain's Road to Socialism'', the programme of the Communist Party of Britain. The ''Daily Worker'' initially opposed the Second World War and its London edition was banned in Britain between 1941 and 1942. After Operation Barbarossa, the Soviet Union joined the Allies, the paper enthusiastically backed the war effort. During the Cold War, the paper provided a platform for critics of the US and its allies. This included whistleblowers who provided evidence that the British military were allowin ...
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Books About Capitalism
A book is a structured presentation of recorded information, primarily verbal and graphical, through a medium. Originally physical, electronic books and audiobooks are now existent. Physical books are objects that contain printed material, mostly of writing and images. Modern books are typically composed of many pages Bookbinding, bound together and protected by a Book cover, cover, what is known as the ''codex'' format; older formats include the scroll and the Clay tablet, tablet. As a conceptual object, a ''book'' often refers to a written work of substantial length by one or more authors, which may also be distributed digitally as an electronic book (ebook). These kinds of works can be broadly Library classification, classified into fiction (containing invented content, often narratives) and non-fiction (containing content intended as factual truth). But a physical book may not contain a written work: for example, it may contain ''only'' drawings, engravings, photographs, s ...
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Verso Books Books
''Recto'' is the "right" or "front" side and ''verso'' is the "left" or "back" side when text is written or printed on a leaf of paper () in a bound item such as a codex, book, broadsheet, or pamphlet. In double-sided printing, each leaf has two pages – front and back. In modern books, the physical sheets of paper are stacked and folded in half, producing two leaves and four pages for each sheet. For example, the outer sheet in a 16-page book will have one leaf with pages 1 (recto) and 2 (verso), and another leaf with pages 15 (recto) and 16 (verso). Pages 1 and 16, for example, are printed on the same side of the physical sheet of paper, combining recto and verso sides of different leaves. The number of pages in a book using this binding technique must thus be a multiple of four, and the number of leaves must be a multiple of two, but unused pages are typically left unnumbered and uncounted. A sheet folded in this manner is known as a folio, a word also used for a book ...
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English-language Non-fiction Books
English is a West Germanic language that developed in early medieval England and has since become a global lingua franca. The namesake of the language is the Angles, one of the Germanic peoples that migrated to Britain after its Roman occupiers left. English is the most spoken language in the world, primarily due to the global influences of the former British Empire (succeeded by the Commonwealth of Nations) and the United States. English is the third-most spoken native language, after Mandarin Chinese and Spanish; it is also the most widely learned second language in the world, with more second-language speakers than native speakers. English is either the official language or one of the official languages in 57 sovereign states and 30 dependent territories, making it the most geographically widespread language in the world. In the United Kingdom, the United States, Australia, and New Zealand, it is the dominant language for historical reasons without being explicitl ...
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2019 Non-fiction Books
Nineteen or 19 may refer to: * 19 (number) * One of the years 19 BC, AD 19, 1919, 2019 Films * ''19'' (film), a 2001 Japanese film * ''Nineteen'' (1987 film), a 1987 science fiction film * '' 19-Nineteen'', a 2009 South Korean film * '' Diciannove'', a 2024 Italian drama film informally referred to as "Nineteen" in some sources Science * Potassium, an alkali metal * 19 Fortuna, an asteroid Music * 19 (band), a Japanese pop music duo Albums * ''19'' (Adele album), 2008 * ''19'', a 2003 album by Alsou * ''19'', a 2006 album by Evan Yo * ''19'', a 2018 album by MHD * ''19'', one half of the double album '' 63/19'' by Kool A.D. * ''Number Nineteen'', a 1971 album by American jazz pianist Mal Waldron * ''XIX'' (EP), a 2019 EP by 1the9 Songs * "19" (song), a 1985 song by British musician Paul Hardcastle * " Stone in Focus", officially "#19", a composition by Aphex Twin * "Nineteen", a song from the 1992 album ''Refugee'' by Bad4Good * "Nineteen", a song from t ...
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Mises Institute
The Ludwig von Mises Institute for Austrian Economics, or Mises Institute, is a nonprofit think tank headquartered in Auburn, Alabama, that is a center for Austrian economics, right-wing libertarian thought and the paleolibertarian and anarcho-capitalist movements in the United States. It is named after the economist Ludwig von Mises (1881–1973) and promotes the Misesian version of heterodox Austrian economics. The Mises Institute was founded in 1982 by Lew Rockwell, chief of staff to Texas Republican Congressman Ron Paul. Early supporters of the institute included economist F. A. Hayek, writer Henry Hazlitt, economist Murray Rothbard, Ron Paul, and libertarian coin dealer Burt Blumert. History The Mises Institute was founded in 1982 by Lew Rockwell, who was chief of staff to Texas Republican Congressman Ron Paul; previously Rockwell had been editor for the conservative Arlington House Publishers and had worked for the far-right John Birch Society and t ...
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Ludwig Von Mises
Ludwig Heinrich Edler von Mises (; ; September 29, 1881 – October 10, 1973) was an Austrian-American political economist and philosopher of the Austrian school. Mises wrote and lectured extensively on the social contributions of classical liberalism and the central role of consumers in a market economy. He is best known for his work in praxeology, particularly for studies comparing communism and capitalism, as well as for being a defender of classical liberalismHayek, Friedrich A. "Introduction". In ''Socialism: An Economic and Sociological Analysis'', by Ludwig von Mises. London: Jonathan Cape, 1936. in the face of rising illiberalism and authoritarianism throughout much of Europe during the 20th century. In 1940, Mises emigrated from Austria to the United States to escape the Nazis. On the day German forces entered Vienna, they raided his apartment, confiscating his papers and library, which were believed lost or destroyed until rediscovered decades later in Soviet archive ...
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Economic Calculation Problem
The economic calculation problem (ECP) is a criticism of using central economic planning as a substitute for Market (economics), market-based allocation of the factors of production. It was first proposed by Ludwig von Mises in his 1920 article "Economic Calculation in the Socialist Commonwealth" and later expanded upon by Friedrich Hayek. In his first article, Mises described the nature of the price system under capitalism and described how individual subjective value theory, subjective values (while criticizing Labor_theory_of_value, other theories of value) are translated into the objective information necessary for Rational choice theory, rational allocation of resources in society. He argued that central planning necessarily leads to an irrational and inefficient allocation of resources. In market exchanges, prices reflect the supply and demand of resources, labor and products. In the article, Mises focused his criticism on the deficiencies of the Socialization (economics), ...
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Quarterly Journal Of Austrian Economics
The ''Quarterly Journal of Austrian Economics'' is a quarterly peer-reviewed academic journal covering heterodox economics published by the Ludwig von Mises Institute.Lee, Frederic S., and Cronin, Bruce C. (2010)"Research Quality Rankings of Heterodox Economic Journals in a Contested Discipline."'' American Journal of Economics and Sociology''. 69(5): 1428 It was established in 1998 after the Murray Rothbard-created publication, ''The Review of Austrian Economics'', was transferred to other editors and then to George Mason University.''The Review of Austrian Economics''
main page at website. The journal covers economics from an

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Profit Maximization
In economics, profit maximization is the short run or long run process by which a firm may determine the price, input and output levels that will lead to the highest possible total profit (or just profit in short). In neoclassical economics, which is currently the mainstream approach to microeconomics, the firm is assumed to be a " rational agent" (whether operating in a perfectly competitive market or otherwise) which wants to maximize its total profit, which is the difference between its total revenue and its total cost. Measuring the total cost and total revenue is often impractical, as the firms do not have the necessary reliable information to determine costs at all levels of production. Instead, they take more practical approach by examining how small changes in production influence revenues and costs. When a firm produces an extra unit of product, the additional revenue gained from selling it is called the marginal revenue (\text), and the additional cost to produce ...
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Multinational Corporation
A multinational corporation (MNC; also called a multinational enterprise (MNE), transnational enterprise (TNE), transnational corporation (TNC), international corporation, or stateless corporation, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad solely to diversify financial risks. Most of the current largest and most influential companies are Public company, publicly traded multinational corporations, including Forbes Global 2000, ''Forbes'' Global 2000 companies. History Colonialism The history of multinational corporations began with the history of colonialism. The first multinational corporations were founded to set up colonial "factories" or port cities. The two main examples were the ...
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