4 ms·
Curiously some of the problems that state ownership has also show up in capitalism - corporations that centralise decision making lose the ability to make fine
by awesome_dude 4y ago
Curiously some of the problems that state ownership has also show up in capitalism - corporations that centralise decision making lose the ability to make fine grained, optimal local condition decisions.
And bureaucracy becomes a major headache.
A very common refrain at the moment is businesses wanting to be "nimble like start ups" but are unable to do so due to a myriad of reasons.