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This article is far too philosopical. This isn't a philosopical concept. It's a form of business organization. It is, in fact, the way Visa International, the credit card network, is organized. Visa International is a corporation owned by the competing banks who use its services. That's a very unusual ownership arrangement, yet it works. That's what a "chaord" is.
Dee Hock is a banker, and created Visa International.--Nagle 07:09, 26 March 2006 (UTC)