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Book review: Daniel S. Milo, Good Enough: The Tolerance of Mediocrity in Nature and Society.

Nordberg, D., 2019. Book review: Daniel S. Milo, Good Enough: The Tolerance of Mediocrity in Nature and Society. Organization Studies: An international multidisciplinary journal devoted to the Studies of organizations, organizing, and the organized in and between societies. (In Press)

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DOI: 10.1177/0170840619871177

Abstract

Why, I wondered, did Organization Studies want someone to review a book, written by a philosopher, about evolutionary biology? Why did I leap at the chance? The second was easy: Years ago, while learning about corporate governance, I found a mention of a “theory of lesser peaks”. I have lost the reference, sadly, but it is related to institutions (Meyer & Rowan, 1977) and path dependence (Bebchuk & Roe, 1999), and a remark by Amartya Sen (2006) about eschewing the pursuit of an “ideal” form of justice. It suggests that the fear and cost of descending from a lesser peak inhibits us from achieving even greater heights. For example, having achieved pretty good corporate governance, do you want to risk losing those gains for the sake, after another, even longer climb, to try a different system? Why not settle for something good enough? The clue to answering the first question is the final word in the subtitle of this charmingly accessible book. ...

Item Type:Article
ISSN:0170-8406
Group:Faculty of Management
ID Code:32595
Deposited By: Unnamed user with email symplectic@symplectic
Deposited On:31 Jul 2019 07:56
Last Modified:10 Sep 2019 08:05

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