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by jamespitts 2991 days ago
A classic read! With smart contracts and other decentralized tech, the nature of the firm and it relationship with stakeholders is about to be utterly transformed.

https://en.wikipedia.org/wiki/Theory_of_the_firm

1 comments

When you look around you may notice that there actually big trend towards centralization. Companies are getting bigger and bigger and the economy also concentrates around places like Silicon Valley and big cities.
Which makes sense if you think about it: better technology in forecasting and decision making makes central planning more efficient