Big institutions are fundamentally feudal organizations. If you look back at medieval times, some of the lords and dukes were wise men driven by some higher purpose. Others were not.
The tools have changed, but people are the same.
It’s also why regulation is so important. Like feudal lords, the agents of the overlord (ie the auditors) are feared and respected. Compliance tied to compensation or continued employment is something that is cared about.
Big institutions are fundamentally feudal organizations. If you look back at medieval times, some of the lords and dukes were wise men driven by some higher purpose. Others were not.
The tools have changed, but people are the same.
It’s also why regulation is so important. Like feudal lords, the agents of the overlord (ie the auditors) are feared and respected. Compliance tied to compensation or continued employment is something that is cared about.