Embedded Growth Obligation (EGO) (& Ponzi Schemes)
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An Embedded Growth Obligation (EGO) is a property of many institutions whereby their design is predicated on the assumption of future growth. They were designed in a time of unusually great growth, but that growth is now running out.
- Universities that exploit postdocs for research
- Law firms that exploit workers with the promise of partner (see hierarchy)
- Accepting immigrants to rise the population, to collect more tax revenue to fund social security