Bureaucracy

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3.2. Public Enterprise within a Market Economy

  • Bureaucracy by Ludwig von Mises
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05/02/1944Ludwig von Mises

As soon as an undertaking is no longer operated under the profit motive, other principles must be adopted for the conduct of its affairs.

From Chapter III: "Bureaucratic Management of Publicly Owned Enterprises". Narrated by Millian Quinteros.

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