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Dan Davies, "The Unaccountability Machine: Why Big Systems Make Terrible Decisions—and How the World Lost Its Mind" (U of Chicago Press, 2025)

New Books in Economics

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Navigating Organizational Complexity

This chapter explores the historical evolution of management practices in large corporations, focusing on the shift from individual leadership to complex organizational structures. It examines the challenges posed by increased system complexity and the limitations of management capabilities, as well as the effects this has on accountability and decision-making. The discussion highlights the transition towards shareholder value ideology and its implications for corporate governance and sustainability.

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