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

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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 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''.
But this doesn’t quite capture it for, as we know, out of this summed, universal, [[reductionism|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]]