The Unaccountability Machine

Why Big Systems Make Terrible Decisions—and How the World Lost Its Mind

by Dan Davies

Dan Davies starts with a hypothesis—that organizations form “accountability sinks”—structures that serve to obscure, deflect, or otherwise insulate decision makers from the consequences of their decisions—and then goes on to wonder how that came to be, and what happens as a result. He journeys through cybernetics and economics history, affirming his theory while also identifying a great number of collective bad decisions and outright lies along the way, ultimately concluding that we need to kneecap private equity if we want to restore anything like sense to either the economy or management. (I’m skeptical of easy solutions, but that sure seems like a good one to test out!) That said, I’m more interested in the framing he provides for how we think about accountability—how it broke, what’s happened as a result, and how we might, someday, fix it.

Publisher
Profile Books
Year
2024
Collection
Economics
Buy this book
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