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Managerial Capitalism

Managerial Capitalism

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The debate around growing inequality is raging amongst economists, and Marxists are finding new ways to map-out the modern economy. Managerial Capitalism introduces a new way of understanding the changing structure of our economy through the emergence and behaviour of a new class – managers. In the post war years as social democracy reigned, managers tended to form compromises with workers. However, under neoliberalism, allegiances have shifted. Today, a new alliance is forming between managers and capitalist owners, changing the nature of the hierarchy of power under capitalism. Additionally, the authors argue, this is happening much faster and universally than was previously thought. Through the use of extensive data sets as well as firmly rooting the argument in its historical context, Managerial Capitalism updates Marxism for the twenty-first century, through showing how the modes of production today are shaped by a new class, that must be understood if it is to be challenged.
This book is made open access as part of the Knowledge Unlatched KU Select 2019: HSS Backlist Books

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Keywords

  • Business & Economics
  • Business & Economics / Economics
  • Capitalism
  • Economics
  • Economics, finance, business & management
  • General
  • KUnlatched
  • Management
  • marxism
  • Political Economy
  • Political Science and International Studies
  • political theory
  • Sociology

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