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The inevitable counterpart of specialization is organization. This is what brings the work of specialists to a coherent result. If there are many specialists, this coordination will be a major task. So complex, indeed, will be the job of organizing specialists that there will be specialists on organization and organizations of specialists on organization. More perhaps than machinery, massive and complex business organizations are the tangible manifestation of advanced technology.
~ John Kenneth Galbraith

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As we no longer have an economic policy that is managed democratically, it should not be surprising that it produces unfair outcomes. Nor should it be surprising that in the wake of the mortgage crisis, Covid, the war in Ukraine and so-called Bidenflation, this unfairness would give rise to what Wolfgang Streeck calls “tendencies toward deglobalization” — such as those that emerged with a vengeance on November 5, 2024.
~ Christopher Caldwell

via This Maverick Thinker Is the Karl Marx of Our Time
published by The New York Times on November 28, 2024

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