Neo Symbolic Capitalism
“There’s a lot of unevenness in how much attention internal drama and palace intrigue gets across different organizations. As far as I can tell, this is substantially a matter of path dependency: we know the characters in the sitcom of certain organizations but not at others, creating self-reinforcing lock-in effects. How much does one hear about the power struggles at Chevron or the Department of Agriculture? There is even significant heterogeneity between ostensibly similar companies within sectors.”
When I read that, I said to myself, you gotta be kidding me. I mean, palace intrigue has been part of our world. From ancient Egyptians to Romans to the English monarchy, it is way older than the social media and modern internet media machine. Anyway, it got me thinking about Collison’s tweet. I have come to a conclusion. Sometimes a tweet is not just a tweet. Sometimes
