“The great investors are almost entirely clueless as to what their supposed “employees,” the corporation managers are doing. The CEOs are almost entirely clueless as to what the branch and facility managers are doing. And the management of each facility are almost entirely clueless as to what is going on within the black box of the actual production process. In the light of this reality, Mises’ “entrepreneur”—so carefully and closely involved in the minutiae of choosing between technical possibilities of production, a brooding omnipresence guiding the efforts of every employee—is largely a construction of fantasy. It’s quite ironic, in fact, considering that Mises starts out the block quote above with the announcement that the entrepreneur is not omnipresent.”

—  Kevin Carson

Organization Theory: A Libertarian Perspective (2008), Chapter 7
Organization Theory: A Libertarian Perspective (2008)

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Kevin Carson 16
American academic 1963

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