2 ms·
I agree with you that this law applies to any large organization. But I disagree with the idea that the 50s/60s represent the end of an "early on" era of the U
by tsimionescu 3y ago
I agree with you that this law applies to any large organization.
But I disagree with the idea that the 50s/60s represent the end of an "early on" era of the US economy. Many large US corporations were already decades old the time WW2 started - John Deere was founded in 1843, GE in 1892, Castrol in 1899, Texaco in 1902, Ford in 1903, Chevrolet and IBM (under a different name) in 1911, Boeing in 1916. The biggest boom in the US economy happened during and just after the war, when much of the giants of today (except big tech, of course) were 30+ years old companies (and there were many .
I don't think bureaucracy was the problem with any slowdown, or if it was, it wasn't as inevitable as the law suggests.