alt Hacker NewsThat’s a lot of money for “greasing”. Nearly 10% on any kind of overhead is generally considered a lot.
Central planning is drastically more efficient, for example. It’s why large companies use it internally.
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bluGill • yesterday at 11:09 AM
Large companies are all decentralized. The ceo will set broad direction but they always leave details to the lower levels. Those lower levels often do things that are against the needs of a different division. Companies are reorganizing for efficiency all the time.
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Is there any evidence that central planning on a much larger scale is drastically more efficient? We're talking about a whole country, after all. I take your point that companies themselves are usually centrally planned internally, but centrally planned economies haven't fared so well.