Exit, Voice, and Loyalty By Albert Hirschman

What does it mean to have the ability to simply exit and walk away from a nation state or a company? What does it mean when you can’t? In the situations where it is harder or impossible to leave, what is the role of voice, of expressing your opinion, and trying to affect change in these relationships from the inside, and what happens when they don’t listen?

German economist Albert Hirschman wrote about these questions in his 1970 book Exit, Voice, and Loyalty: Responses to decline in firms, organisations, and states.

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