# kaal:claim:3782205-012

**Claim.** Historically, whenever a healthy decentralized organization began to earn money it quickly devolved into a centralized institution, because its uniting ideals shifted from transcendental value to a desire for money.

**Type.** failure  **Support.** argued

**Holds when.**

- historical decentralized organizations that became profitable

**Source quote.**

> Whenever a healthy decentralized organization in the past began to earn money, it quickly devolved to a centralized institution. Their ideals shifted from the transcen- dental value which originally united them to a desire for money.

**From.** Craig Calcaterra, Wulf A. Kaal, *Eight Institutions for the Evolution of Decentralization* (2021), Chapter 9. Eight institutions, page 2

**Cite as.** Craig Calcaterra, Wulf A. Kaal, Eight Institutions for the Evolution of Decentralization (2021). SSRN: https://ssrn.com/abstract=3782205

**Verify.** sha256 of source PDF `5ba52c63e81019b6867fb29c4a50821ff574e510d79b31b8ce9f4c726a0ebc71` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Calcaterra%20and%20Kaal%20-%202021%20-%20Eight%20Institutions%20for%20the%20Evolution%20of%20Decentralization.pdf

**Failure mode.** Profit-driven recentralization  (family: recentralization-drift)

**Topics.** decentralization, institutional-design

**Keywords.** centralization, profit-motive, organizational-decay, transcendental-values

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.