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Embedded Growth Obligations: Difference between revisions
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'''Embedded growth obligations''' are structures built into institutions in times of growth that assume growth will continue. The institution must therefore grow to meet the obligation. | '''Embedded growth obligations''' are structures built into institutions in times of growth that assume growth will continue. The institution must therefore grow to meet the obligation. | ||
== Examples == | |||
* Pension plans | |||
* Corporate ladders | |||
* Higher education | |||
== Child Theories == | == Child Theories == | ||
Eric | [[Eric Weinstein]] contends that the embedded growth obligations are generative (parents) of major problems in modern society, and that these are a specific instantiation of institutional derangement due to embedded growth obligations. | ||
* H1B Visas as a mechanism to suppress STEM wages | * H1B Visas as a mechanism to suppress STEM wages | ||
* Mask and PPE shortages in the Coronavirus pandemic as a result of institutional failures | * Mask and PPE shortages in the Coronavirus pandemic as a result of institutional failures | ||