CHAPTER 12SILVER LININGS

THE FIRST THREE chapters for Part III highlighted some of the negative social outcomes of the disappearing public corporation. The social safety net that was held aloft by corporate employers is falling apart; inequality is going up; mobility is going down. Should we be nostalgic for the dominance of corporations? Should we be trying to bring them back?

In this chapter I describe some of the silver linings of corporate decline. The technological and other changes that are making corporations less sustainable are opening up space for new alternatives that may not look like “organizations” at all. The costs of enabling people to collaborate on a large scale have drastically declined over the past three decades, and noncorporate ...

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