This might as well be the nation-state, since it would encompass the whole of any nation-state's economy. Large organizations are simpler than small ones and therefore less complex to run which leads in his view inevitably to monopolies forming without end and those monopolies being eventually best run as a single organization. Unlike a lot of books of this sort, I think there are a few places in the book where the incorrect assumptions he made are explicit: Bellamy was probably a happier man having died in 1897 than he would have been had he lived to be an old man in the mid part of the 20th century, as, oh, H.G. Not terribly surprisingly very few of his predictions for the20th century panned out. Perhaps this is because, as I discovered on rereading the book, there is very little plot at all, the book consisting of the naive man from the 19th century asking questions about the milieu he finds himself in and his host, Dr Leete, answering them at some length. When I got my new copy, I discovered that I had little recollection of the plot, aside from the minor aspect that a man of the 19th century goes to sleep and wakes up in an utopian America in the year 2000. I had read Looking Backwards before as a child.
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