By Hy Conrad
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Extra resources for Almost Perfect Crimes: Mini-Mysteries for You to Solve
The only way to counter the downward spiral of this “tragedy of the commons” is external discipline by chain control and internal discipline by hierarchy. Hence the rise and spread of the large, vertically integrated firm. The Chandlerian canon of coordination by “annexation and hierarchization” has found its sequel in John Kenneth Galbraith’s eloquent account of the rise and ramifications of the “techno-structure” in modern capitalism. The author of The New Industrial State (1968) takes advantage of a broader conceptualization of the embeddedness of market dilemmas and response dynamics by stressing the role of the state and organized interest groups in the solution of competence and 22 Capitalist Discipline competition dilemmas, thus offering a more explicitly political- economic interpretation of the transformation of capitalist order.
So does hypercompetition. This is not to say that D’Aveni’s cynicism about cooperative agreements in a hypercompetitive world is totally unwarranted. : 334). : 338–9) which are apt to: ● Gang up against other groups, because this may be the only way to confront larger rivals and alliances with deeper pockets. 32 Capitalist Discipline ● ● ● ● ● Limit the domain of competition, for instance by competing on quality or know-how in exchange for forestalling competition on prices, costs or competition in specific geographic areas.
To this category belong strategies of cross-national and cross-regional coordination, such as mergers, alliances and other, more informal forms of networking and clustering. Since the latter phenomena represent a more drastic repertory than the proximate response to the dilemmas of the strategy trap – both in absolute and relative terms, such as assets, size, geographical span, technological reshuffles and the reproduction of corporate elites and prerogatives – the analysis of the escapist variety deserves more space.