Reply to post: Re: "Mega Corp" proves command and control can work!

Govt control? Hah! It's IMPOSSIBLE to have a successful command economy

tom dial Silver badge

Re: "Mega Corp" proves command and control can work!

For many years, General Motors operated an internal market economy, and were highly successful and very profitable. Different divisions competed with each other as well as the likes of Ford and Chrysler, and individual plants were competitors with other plants within their division to supply designs and components. Those less successful in winning bids for supply contracts made lower profits (or losses) and might need to shrink, while the more successful ones were more profitable and would grow. This might have declined or been abandoned in the '70s or beyond, as the major divisions came, for efficiency, to rely on more uniformity and common designs and parts, Detroit management laid a heavier hand on overall control, and the different brands became largely indistinguishable except by ornamentation and finish details. That may have contributed to the decline and near extinction of the corporation.

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