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Past Present Future cover image

History of Ideas 11: Umberto Eco

Past Present Future

NOTE

Crisis vs Scandal: Understanding the Difference

A crisis occurs when a system or organization ceases to function in a sustainable way, leading to a breakdown of operations like the financial crisis of 2007-08 where the global financial system stopped working. In contrast, a scandal is revealed when there is a contrast between public perception and a person or organization's hidden actions or information, causing a problem to emerge due to the discrepancy between what was believed and what is revealed.

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