How Companies Plan The Economy

We've been told all our lives that competition, free markets, and ruthless business practices are the best way to run an economy. If that's the case...why do all major corporations operate as planned economies? And how can we follow that example to build a nationwide planned economy?

How Companies Plan The Economy – Second Thought

New video every other Friday!

Citations and Further Reading:

Books

Economic planning & related topics

Walmart bad

Walmart collaborative planning

Sears

Declassified Chile documents

Cybersyn - A Documentary

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About Second Thought:
Second Thought is a channel devoted to education and analysis of current events from a Leftist perspective. Welcome!

[Burnside]

I love that Second Though has entered it's "going outside" arc

[TenaciousLeeTV]

The most frustrating part of all of this is seeing the answers and solutions right there...right in our reach, yet knowing a good percentage of the population will actively fight against their own best interest...

[redderthanmisty]

I can't believe how much the production value on these has skyrocketed! You definitely made the right decision with moving to a two week cycle.

[harukiito]

This channel has gone from using stock videos to a documentary style and I love it.

[pinkorcyanbutlong]

I'm studying computer information systems and a lot of it is centred around the corporate side, and a lot of it includes stuff like (paraphrasing) "an efficient company works in a system that each sector gets a voice to discuss its issues and goals and work solutions with the others", and "an open information system that is collaboratively controlled and sends the right information where most needed is best"; And I can't help but be "wow, this sounds almost like a certain economic system"

[immaheadout]

I loving these new videos are going deeper in depth and we can truly see the real consequences of capitalism instead of only scratching the surface of problems with capitalism.

[fanemanelistu]

I worked for a huge multinational that went through exactly the same thing as Sears: some "innovative" CEO decided to reorganize the company into autonomous business units that would concentrate on their own success, and the multinational almost went bankrupt; then a new CEO came in and reinvented the wheel and mandated that the business units work together towards the common good, with little attention given to individual performance, and the multinational strived again.

[chrisparsons]

I'm an older guy, been following you since January of this year. I appreciate what you do JT, informing people of the constant disinformation. I've learned so much in just three months watching your channel, and your friends Hakim and Our Changing Climate. I've always championed Socialism, we desperately need it. It's good to see your bravery in the face of such insane hatred of the very thing that can help us. Change will come, we just need to educate and lead by example. You ARE the voice of change for me. Don't ever stop.

[CommieTeis]

I love how much you use Allende as an example of succesfull socialism, it makes me proud to be Chilean (and im an internationalist)

[lars]

This channel needs to blow up soon because his content has gotten even better. He is saying what the working class needs to hear, and he presents it so concisely and understandably. When I show people these videos, they actually understand and learn something.

[bonelesswatermelon]

I died when JT whipped out the Subway Surfers just to keep our tiny attention span from straying away

[liamtahaney]

As a lefty with a degree in Finance I really appreciate this video.

[MatthewDLDavidson]

This is absolutely remarkable and completely true. John Kenneth Galbraith pointed out in the 1970s that oligopolies are able to control their business and sell below cost sometimes because they are so wealthy that their actions have nothing to do with the purported “market”. Thanks for posting these truths when no one else is.

[RobinHerzig]

Knew about the US killing Allende + how, thought I understood why… but never knew about this CyberSyn plan. Wow!
Gotta say, JT, your stuff has always been great/outstanding but it just keeps getting better + better. For real 👏 Keep going

[VeganMarx]

I worked at Walmart for 3 years. They wanted me to move into upper management and that’s when I decided I was done with retail.
Great work as always comrade, TJ.

[abvd]

3:56 The quote "You can't privatize the profits, but socialize the losses" stands for such banks

[BalkanOdyssey_]

Absolutely love the new format - and the topic.

It's important to show that marxism has a lot to offer in terms of future prospects and new technologies, not only armchair philosophizing about the past.

[Matthew.E.Kelly.]

I've worked at Walmart since 2006 & this video should be an unskippable infomercial broadcast everyday at 6:00 in the evening across every television in the U.S.

[terran]

The thought of democratic planning has me literally fanboying over the prospect of it. Knowing that we have the means to make it happen, it really brings me a lot of hope. Thanks so much for this!

[aegisofficial]

Videos of this quality is incredible.

This is how we are going to change peoples minds. This is how we show them, directly.

Loving all of this