… Indeed, many topics addressed in this special issue of Industrial and Corporate Change …
Issues I such as path-dependence, boundaries between organizations and markets, institutions, …

… Finally, the chapter opens up the issues of 'power' in networks, … organizational entity just as
it does markets and hierarchies. … of hierarchy and the market that better illustrates the problem …

… lished through hierarchy. This account of systemic change has become a foundational pillar
of … in the periphery would eventually generate challenges to imperial power. In contrast, the …

… sciences to identify the foundational assumptions of these … the exercise of physical or
coercive power if necessary. If this … to the solution of governance problems, if they are to succeed…

… more fundamental problems of true strategic uncertainty. … They argue that firms that exercise
market power tend not to pursue … We would interpret relations of power as hierarchical ones …

… Rather, a fundamental flaw in the law allows corporations to … this essay considers the problem
as a market failure rather than … When a monopolist provides a basic need, its market power …

… 'For a discussion of the foundational literature on markets versus hierarchies, see infra … I
discuss some of this literature's problem areas infra Section ID Moreover, recent insights linking …

… issues, I provide important elaborations surrounding how … to recreate hierarchy; that men
preserve hierarchy and power via … Culture and legitimation are likewise fundamental to power …

… Overcoming complex problems in evolutionary processes … of solving more fundamental
problems of true strategic uncertainty. … We would interpret relations of power as hierarchical ones …

… in long, thoughtful conversations about the fundamental problems discussed herein. Andy
Rutten … A third reason for market failure is the acquisition of market power by a small number of …