S3 Ep. 11 Michele Zanini – Firms as socially dense markets
Boundaryless Conversations Podcast
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The Choice Isn't Between Markets and Hierarchies, Right?
The choice isn't between markets and hierarchies again, but between arms-length markets like the ones you described. It's between those kinds of markets and what we call socially dense markets, right? Because at places like higher, and even morningstar, the largest tomato processor in the US, they engage in contracting between different units and different people working in the morningstar plants. This isn't just atomistic kind of, you know, transactions between players that have nothing in common. So it's not just about, it's just about markets, but it's about creating markets that are, as I said, socially denseThat recognize the fact that some of the work is relational and you can
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