Galbraith – Enron and the like Beyond Monitoring
Re-read the JK Galbraith article. (Blogged earlier)“[Corporations like Enron have] grown so complex that [they are] now almost beyond monitoring …. there was almost no criticism from the shareholders ? the owners, [until they collapsed.]”. Galbraith detects something of the conspiracy of silence he recounted so memorably in his book The Great Crash: 1929, first … Continue reading “Galbraith – Enron and the like Beyond Monitoring”