XI.2: The Growth of Corporations

Corporations do not get bigger because they get more complicated. Rather, corporations get more complicated because they get bigger. In my earlier post, I presented Jane Jacobs’ argument that by their nature governments get bigger and their growth causes them to get more complicated. But Jacobs also applied the same principle to private organizations, like … Read more

X.3: Problems with Capitalism

Socialism and communism have always led to economic failure, but there are problems with capitalism as well. For example, competition makes capitalism work. But at the same time every capitalist seeks to eliminate his competition. In other words, if a company grows without bounds, it will eventually destroy its competitors. And there are other problems … Read more

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