"Upstream" with Erik Torenberg cover image

E1: Marc Andreessen on His Intellectual Journey the Past Ten Years

"Upstream" with Erik Torenberg

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The Problem With the Principal Agent Problem

A decade ago or a time ago you could have Republican spots and acres to so to speak elites who control these institutions catered to both sides. Now it's less about catering to both sides and more about catering to one specific side. We're going to say two things, the first is that managers get to decide the politics of the company because they can. Another problem I would argue is this sort of managerial capitalism doesn't innovate very well.

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