Old Boomers, New Boom

WILL OUR POLITICS CATCH UP WITH CHANGES IN OUR ECONOMY?

An old joke about business management consultants is that if a client company is centralized, they tell management to decentralize; and if it’s decentralized, they straight-facedly urge centralization. The truth is that such seemingly inconsistent advice is almost always right.

There is no correct form of business organization: each one solves certain problems and creates others. If a diversified manufacturing company is...

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About the Author

Charles R. Morris, a Commonweal columnist, is the author of The Two Trillion Dollar Meltdown (Public Affairs), among other books, and is a fellow at the Century Foundation.