Another Voice: Whole systems planning ...Middle East

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Another Voice: Whole systems planning
One of the serious limitations of traditional capitalism is the “silo effect”, where each economic unit is treated as an isolated entity, to turn a profit or die on its own.  The real world is much more cooperative. Large corporations have addressed this to some extent by vertical integration, where several stages in a particular industry operate under one corporate umbrella.  This allows a more profitable sector of the process to subsidize an essential, but less profitable sector.  But vertical integration is relatively limited, and can create problems with anti-social monopolistic tendencies.  Furthermore, large social issues can’t be addressed by this kind of business model. For example,

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