Remove Crisis Remove Development Remove Hypercompetition Remove Marketing
article thumbnail

We All Work at Enron Now

Harvard Business Review

Markets would fail at allocating capital — and misallocate and malinvest it in low-worth stuff instead. The real crisis isn't a transient, passing event ("the great crash of 2008"), but a persistent, enduring, deeply flawed relationship that produces crashes ever faster, and ever more violently. Megafailure.