A democracy encapsulating lots of little autocracies is the best configuration we’ve found, though they do get eclipsed by autocracies in the short run.
[1] https://en.m.wikipedia.org/wiki/Theory_of_the_firm
A democracy encapsulating lots of little autocracies is the best configuration we’ve found, though they do get eclipsed by autocracies in the short run.
[1] https://en.m.wikipedia.org/wiki/Theory_of_the_firm