3min chapter

Debunking Economics - the podcast cover image

What’s the right wage?

Debunking Economics - the podcast

CHAPTER

The Structure of a Company of 150 People

Most countries, companies don't know that. One company that does is the company that makes... No, it's not Teflon. It's like an honesty material. The stuff that you... Is waterproof. Like a wax type. And they have a deliberately flat structure for the company. But most companies, the 150 people means you have a command hierarchy where you're down the bottom. Then the person above you would be controlling, say, 20 or 30 people like you in a similar situation. You just get out of that subsistence time and we're not getting it.

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