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Resource allocations are set by fiat and there are no price signals or "private property" per se (the accounting department doesn't "own" their computers, they'
by fiatmoney 12y ago
Resource allocations are set by fiat and there are no price signals or "private property" per se (the accounting department doesn't "own" their computers, they're allocated them, and if that department is outsourced they'll be allocated to someone else). Departments don't technically control their own investments; any revenues they bring in are the company's as a whole and redistributed as they see fit.
Seems apt to me; what would you call it?