August 07, 2005
Soviet style management
Another corker from Simon Caulkin:
The reason that none of these things work, and never will, is that they are being put to the service of a clapped-out model. The paradox of today's capitalism is that we're still trying to manage it by central planning. Managers at any corporate headquarters or ministry in Whitehall would have been quite at home in the Soviet ministry of planning. They estimate what the market will be, allocate resources and schedule production to match the estimate."
Posted by richard at August 7, 2005 12:07 PMComments
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