All corporatism – even when practised in societies where hard work, enterprise and cooperation are as highly valued as in Korea – encourages inflexibility, discourages individual accountability, and risks magnifying errors by concealing them. (Margaret Thatcher)

All corporatism – even when practised in societies where hard work, enterprise and cooperation are as highly valued as in Korea – encourages inflexibility, discourages individual accountability, and risks magnifying errors by concealing them.

Margaret Thatcher

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accountability concealing cooperation enterprise hard individual inflexibility work korea corporatism

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