The Peter Principle: Why Things Always Go Wrong: Difference between revisions

no edit summary
No edit summary
Tags: Mobile edit Mobile web edit
No edit summary
Tags: Mobile edit Mobile web edit
Line 25: Line 25:
As formulated by the authors, in the same way the it does with infinity:
As formulated by the authors, in the same way the it does with infinity:
{{Quote|''Incompetence plus incompetence equals incompetence.''}}
{{Quote|''Incompetence plus incompetence equals incompetence.''}}
But this doesn’t quite capture it, for as we we know no, out of this summed, universal incompetence somehow yields some value. Indeed this is the singular wonder of modern global capitalism: how something steered, collectively, by such a bunch of patent morons, can produce anything worthwhile at all. And clearly, persistently, it does, notwithstanding the byproducts and idiotic externalities it generates (the [[human resources]] military industrial complex, for example, seems [[calculated]] specifically to do nothing but frustrate the tenets of basic common sense and good judgment, yet is the most powerful infrastructure component of any modern corporation.
But this doesn’t quite capture it, for as we know, out of this summed, universal, irreducible incompetence somehow comes significant ''[[value]]''. This is the singular wonder of modern global capitalism: how something steered, collectively, by such a bunch of morons can produce anything worthwhile at all. And clearly, persistently, reliably and notwithstanding the byproducts and idiotic externalities it generates, <ref>The [[human resources]] military industrial complex, for example, seems [[calculated]] specifically to do nothing but frustrate the tenets of basic common sense and good judgment, yet is the most powerful infrastructure component of any modern corporation.</ref> it ''does''.
{{sa}}
{{sa}}
*[[Agency problem]]
*[[Agency problem]]