Ibu Ning: TBI Rent-Seeker in Chief (Part 2 of 4)

“In a dysfunctional society or organization, people acquire wealth via corruption, rent-seeking, and theft. Perhaps they steal it at the point of a sword. Perhaps they acquire wealth through outright corruption. Perhaps they acquire wealth through holding a position in a completely dysfunctional management structure that requires internal politicking rather than actual performance.” That last…