Or you could say executive committees don't always make the right decisions,
and when they fuck up, they are removed by the board and the shareholders.
The shareholders in this case were worried from the beginning that the kid -
the son of a former chairman - was in over his head, and when things began
to fall apart, decided they needed to clip his wings and clean house.

First, thanks to Jim for the correction.

Second, I don't think that you can exactly compare the state to a
corporation. The state has much more autonomy. In the 1800s, parties were
much more closely tied to social classes so that when they took power you
could anticipate how they would govern. The differences between the landed
gentry and the manufacturers were often so extreme that they led to civil
war. In the USA today, and to a lesser degree in all the major industrial
parties, you have a kind of permanent government that makes decisions that
reflect the ruling class interest but not in a mechanical fashion. This is
especially true when it comes to foreign policy. You have sharply divergent
explanations about why the US invaded Iraq, all with a certain degree of
plausibility.

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