I would assume this as well, when i think about it. I guess learning about the industrial revolution in school kind of messed up my preconceptions.
Anyhow, this military comparison just keeps sprouting thoughts in my head. Isn't an owner-management almost perfectly comparable to aristocratic officership? Is GGP's theory of defensible churn basically a modern incarnation of feudalism and aristocratic privelege?
Not there either. You mess up more in the beginning. Experienced workers have better flow.