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The amount of waste and craziness, inequity, and straight out maliciousness that I've personally witnessed at the upper and upper-middle layers of large compani

The amount of waste and craziness, inequity, and straight out maliciousness that I've personally witnessed at the upper and upper-middle layers of large companies is reminiscent of most resource-extraction-oriented small countries (banana republics). They are not efficient or pleasant. There's a reason small companies outperform them and are a threat to them and why they focus so hard on regulatory capture to prevent competition.

phreeza 5y ago
I'm not saying they are all great places, I'm just saying they are an existence proof for large scale centrally planned economic entities that don't collapse like many centrally planned national economies, suggesting that central planning was maybe not the deciding factor.
- foobiekr 5y ago
  Based on the changes to the set of large companies over time, they do in fact collapse and generally very few even last 30-40 years let alone hundreds.
  - phreeza 5y ago
    Good point, but some like GE or petroleum companies seem to have lasted quite long already.
freemint 5y ago
> The amount of waste and craziness, inequity, and straight out maliciousness that I've personally witnessed at the upper and upper-middle layers of large companies interestingly places that are not controlled by democratic means, i wonder if these places were electable and up for challenge by everyone in the company if those behaviors you associate with non-democratic states would become less.
- foobiekr 5y ago
  “The dictators handbook” covers this topic in detail.