The seventh chapter of this work puts forth a theory of its third title concept, which this work argues inhibits the application of the first title concept.
The last chapter of this work is concerned with discovering the "optimal mix" of its title concepts, and concludes that no such mix can be found that would be stable over time. This work's first chapter draws on previous studies by Cyert and March to argue that "slack... is continuously being generated as a result of some sort of entropy characteristic of human... societies." In a chapter dedicated to the dynamics of two-party systems, this work notes that the Goldwater nomination falsified the Hotelling-Downs thesis, and its fifth chapter points to a "too-little noticed type of monopoly-tyranny: an oppression of the weak by the incompetent." The seventh chapter of this work puts forth a theory of its third title concept, which this work argues inhibits the application of the first title concept. This work argues that economists, such as Milton Friedman with his voucher plan, have overestimated the influence of its first title concept and underestimated that of the second, while political scientists have made the reverse error. The central thesis of this work is that responses to institutional failure come in the two title modes, which involve either leaving the institution or attempting an internal change of it. For 10 points, identify this most famous work of Albert Hirschmann.
The last chapter of this work is concerned with discovering the "optimal mix" of its title concepts, and concludes that no such mix can be found that would be stable over time.
Exit, Voice, and Loyalty