Lindblom - The Market System - Afghan Journalists' Committee

Too Little,Too Late 177moves not to but in the direction of an efficient ending. Itcannot achieve that ending because it is limited to playingout the consequences of the first act. Act III again belongs tothe state, which tries in its often blundering way to bringeveryone the rest of the way to an efficient ending, largelythrough the redistributions of the welfare state. The state isonly half aware that the obstacles are not only the failuresof Act II but its own performance in Act I. It is a long-runningplay in which Act III always becomes Act I of the nextperformance, for which a new Act III is then written.