The key to efficiency, for the New Class, was to remove as much of life as possible from the domain of "politics" (that is, interference by non-profe… - Kevin Carson

The shift to the pre‐job pattern of self‐employment in the informal sector promises to eliminate this pathological culture in which one secures his livelihood by winning the approval of an authority figure. In my opinion, therefore, we should take advantage of the opportunity to eliminate this pattern of livelihood, instead of—as Ford proposes—replacing the boss with a bureaucrat as the authority figure on whose whims our livelihood depends. The sooner we destroy the idea of the “job” as a primary source of livelihood, and replace the idea of work as something we’re given with the idea of work as something we do, the better. And then we should sow the ground with salt.

Vulgar libertarian apologists for capitalism use the term "free market" in an equivocal sense: they seem to have trouble remembering, from one moment to the next, whether they’re defending actually existing capitalism or free market principles. ... When prodded, they’ll grudgingly admit that the present system is not a free market, and that it includes a lot of state intervention on behalf of the rich. But as soon as they think they can get away with it, they go right back to defending the wealth of existing corporations.

But the point, as I argued with Caplan, is not that managers are inherently less intelligent or capable as individuals. Rather, it’s that hierarchical organizations are—to borrow that wonderful phrase from Feldman and March—systematically stupid. For all the same Hayekian reasons that make a planned economy unsustainable, no individual is “smart” enough to manage a large, hierarchical organization. Nobody–not Einstein, not John Galt–possesses the qualities to make a bureaucratic hierarchy function rationally. Nobody’s that smart, any more than anybody’s smart enough to run Gosplan efficiently–that’s the whole point. No matter how insightful and resourceful they are, no matter how prudent, as human beings in dealing with actual reality, nevertheless by their very nature hierarchies insulate those at the top from the reality of what’s going on below, and force them to operate in imaginary worlds where all their intelligence becomes useless. No matter how intelligent managers are as individuals, a bureaucratic hierarchy makes their intelligence less usable.