kaal:claim:3782201-014

The democracy and transparency achieved by the founders of current institutions has been subverted by the natural concentration of power that evolves under competition, leaving hierarchies ossified and likely too brittle to adopt processes derived from radically different information technologies.

Source quote, verbatim
The hierarchies have ossified. They are likely too brittle now, to adopt processes that come from such radically different in- formation technologies. Changes are likely to be seen as a threat to power and re- sisted.
From

Craig Calcaterra, Wulf A. Kaal, Future of Decentralization (2021), The old vs. the new, p. 19
https://ssrn.com/abstract=3782201 · source PDF

Cite as

Craig Calcaterra, Wulf A. Kaal, Future of Decentralization (2021). SSRN: https://ssrn.com/abstract=3782201

Holds when
Classification

failuresupport: arguedfailure: institutional ossificationfamily: recentralization-driftsystemic-riskinstitutional-design

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