Saturday, July 22, 2017

Low Cost of Technology and High Overhead of Corporations

People can organize to do things with a lot of flexibility and with almost no overhead today. The countless layers of management in corporate organizations are incapable of competing with the decision making of a handful of people on any given project.

Technology, specifically telecommunications technology like the suite of hardware and software that makes the internet work, could more rapidly make corporate methods, management and executives obsolete than it might make fast food workers obsolete.

The economy of the US is based on corporate bodies organizing people on relatively large scales to do things. The larger scale organizing is convenient for financial bodies that can extract large amounts of wealth via interest.  It's also convenient for political bodies that can extract taxes through corporate tax farming bureaucracy.

Corporations define the economy and economic terms of day to day life. To obsolete corporations, requires political changes and a shift in thinking by masses of people. The Internet is probably propelling that right now and we're in the very early stages of the changes that will come. As stated in earlier posts, this scale of change is on par with the Reformation. In fact, it's going to depose the order that the Reformation helped usher in.

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