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There's a huge difference between the sense of ownership that comes automatically from small organizations and the 'incentives' that a paternalistic committee c
by akkartik 19y ago
There's a huge difference between the sense of ownership that comes automatically from small organizations and the 'incentives' that a paternalistic committee chooses to bestow on a few in its largesse, while bleeding motivation in all the other ways large organizations do that PG talks about. I don't interpret any of those studies (including Herzberg's in the sibling post) to mean 'socialism isn't so bad'. Yes it is so bad. But that doesn't mean you can't implement capitalism poorly.
Capitalism isn't about profits, it's about motivation.