Rank does not confer privilege or give power. It imposes responsibility.
Suppliers and especially manufacturers have market power because they have information about a product or a service that the customer does not and cannot have, and does not need if he can trust the brand. This explains the profitability of brands.
Today knowledge has power. It controls access to opportunity and advancement.
That the government's power under the Taft-Hartley Act to stop a strike by injunction so clearly strengthens the hand of the employer--even though it is used only when a strike threatens the national health, welfare, or safety--is a grave blemish and explains much of union resistance to the Act.
No society can function as a society, unless it gives the individual member social status and function, and unless the decisive social power is legitimate.
In the modern corporation the decisive power, that of the managers, is derived from no one but the managers themselves controlled by nobody and nothing and responsible to no one. It is in the most literal sense unfounded, unjustified, uncontrolled and irresponsible power.
Unless the power of the corporation can be organized on an accepted principle of legitimacy, it will.. Be taken over by a Central government..
A tool is not necessarily better because it is bigger. A tool is best if it does the job required with a minimum of effort, with a minimum of complexity, and with a minimum of power.