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Under 'business as usual', however, managements are less concerned with discharging an organization's avowed purpose (providing nutritious food, easy transport between A and B, warmth, comfort, and so on) than with discharging their responsibilities to shareholders (to provide healthy dividends and…

Centrally planned economies now dominate the world economy, but instead of having 'Socialist Republic' after their names, they have 'Inc' and 'plc': they are massively centralized, commercial hierarchies, and this has happened without much discussion of their feasibility or otherwise.

Conventional economics doesn't capture all of the economy's costs and, according to its critics, it isn't meant to. The Harvard economist Steven Marglin argued in his 2008 book The Dismal Science that mainstream economics has always been the servant of powerful interests, which naturally want rea…