The Takeaway

Adrian Wooldridge on “How the Company Changed the World”

Hegel predicted that the basic unit of modern society would be the state.  Marx thought it would be the commune. Lenin and Hitler said it would be the political party.  Adrian Wooldridge, Washington correspondent for The Economist and co-author of The Company: A Short History of a Revolutionary Idea, contends that they were all wrong.  The most important organization in the world is the company: the basis of prosperity of the West and the best hope for the future of the rest of the world.

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