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  2. Centralisation - Wikipedia

    en.wikipedia.org/wiki/Centralisation

    Centralisation of authority is the systematic and consistent concentration of authority at a central point or in a person within the organization. This idea was first introduced in the Qin dynasty of China.

  3. Decentralization - Wikipedia

    en.wikipedia.org/wiki/Decentralization

    According to one definition: "Decentralization, or decentralizing governance, refers to the restructuring or reorganization of authority so that there is a system of co-responsibility between institutions of governance at the central, regional and local levels according to the principle of subsidiarity, thus increasing the overall quality and ...

  4. Control theory (sociology) - Wikipedia

    en.wikipedia.org/wiki/Control_theory_(sociology)

    Control theory in sociology is the idea that two control systems—inner controls and outer controls—work against our tendencies to deviate. Control theory can either be classified as centralized or decentralized. Decentralized control is considered market control. Centralized control is considered bureaucratic control.

  5. Decentralised system - Wikipedia

    en.wikipedia.org/wiki/Decentralised_system

    Graphical comparison of a centralised (A) and a decentralised (B) system. A decentralised system in systems theory is a system in which lower level components operate on local information to accomplish global goals.

  6. Types of socialism - Wikipedia

    en.wikipedia.org/wiki/Types_of_socialism

    This form of socialism combines public ownership and management of the means of production with centralized state planning and can refer to a broad range of economic systems from the centralized Soviet-style command economy to participatory planning via workplace democracy. In a centrally-planned economy decisions regarding the quantity of ...

  7. Centralized government - Wikipedia

    en.wikipedia.org/wiki/Centralized_government

    To the extent that a base unit of society – usually conceived as an individual citizen – vests authority in a larger unit, such as the state or the local community, authority is centralized. The extent to which this ought to occur, and the ways in which centralized government evolves, forms part of social contract theory .

  8. Decentralized vs. Centralized Cryptocurrency Exchanges - AOL

    www.aol.com/news/decentralized-vs-centralized...

    The raging debate between decentralized and centralized cryptocurrency exchanges regarding which type better serves the public is still being hotly contested. Decentralized vs. Centralized ...

  9. Social ownership - Wikipedia

    en.wikipedia.org/wiki/Social_ownership

    Depending on the specific definition, it may include central planning, decentralized planning, cooperatives, syndicalism, communization, or other strategies of establishing social ownership. The Marxist understanding of socialization sees it as a restructuring of social relations to overcome alienation , replacing hierarchical social relations ...