Yet most people also spend their working lives in centrally planned bureaucracies called 「firms」. They stick with the same employer for years, rather than regularly returning to the jobs market. They labour to
(a) According to Marx, capitalism was doomed. Explain why. (b) Why does capitalism still exist? Why in a perfectly competitive market, no firm realizes economic profits? Why are public bureaucracies possibly less efficient than ...
Why are public bureaucracies possibly less efficient than business firms? Why do governments provide public and merit goods instead of private goods? Explain theoretically why negative externalities will cause a market failure Why do externalities result in market failure? Can you provide an example?
Finally, Steven compares (by implication) the hierarchy of the Catholic Church to government bureaucracies in France and Romania. (29′ – 33′) He gives an example of a government bureaucracy getting itself into a situation requiring it to deny reality. He then claims, without any argumentation...
ethnic setting — don’t matter at all and if they do matter they should be forced not to matter. It’s denial of the importance and even legitimacy of tradition as such. All particular tradition is to be replaced by individual choice and formal public institutions — bureaucracies and ...
demand, so they may be unwilling to jump through hoops. Bureaucracies ensure consistency through rules – minimalbureaucracymeans there are no safeguards against hiring a terrible program manager so the principle that ‘A players hire A players and B players hire C players’ is incredibly important...
For example, Berger (Citation2009) finds that Nigerian local governments areas (LGAs) that were forced to collect taxes during the British colonial period generated a stronger institutional capacity that manifests today in effective bureaucracies. Moreover, citizens in these tax dependent LGAs ...
Similarly, in corporations with complex bureaucracies and thousands of employees and advisors, it can be difficult to identify the perpetrator(s) when a law is violated. The harms caused by white-collar crimes can also be difficult to quantify and compare. While the harm of white-collar crime ...
automatic translations facilitated by programming compilers, or logistical operations of bureaucracies. Pattern recognition for Selfridge and Dinneen was about mechanizing a particular notion of contextual significance that valorized the reliability of machine performance (i.e., correct classification) for a ...
of doom merchants will brook no back-down; who do you work for jc, Goldman Sachs, some other bank, some ‘green energy’ entrepreneur, one of the big law or accounting firms spruiking their carbon trading schemes, maybe one of the burgening bureaucracies, the wonderful UN even? Or are ...