It’s wild that people talk about ECP like it’s some highly theoretical string theory that we could never test empirically. The largest corporations today are managing production far larger in scale than entire countries back when Marx was writing, or even during the Bolshevik era. Amazon is proof of not merely the possibility, but the current ability to coordinate production of a national economy.
Marx himself thought that the development of complex division of labor within private capital would produce the conditions for socialist production. This is obviously the case and it’s why capitalism undermines itself.
It’s wild that people talk about ECP like it’s some highly theoretical string theory that we could never test empirically. The largest corporations today are managing production far larger in scale than entire countries back when Marx was writing, or even during the Bolshevik era. Amazon is proof of not merely the possibility, but the current ability to coordinate production of a national economy.
Marx himself thought that the development of complex division of labor within private capital would produce the conditions for socialist production. This is obviously the case and it’s why capitalism undermines itself.