Download Capitalist Discipline: On the Orchestration of Corporate by Arthur Wassenberg PDF

By Arthur Wassenberg

ISBN-10: 1137339845

ISBN-13: 9781137339843

ISBN-10: 1349464546

ISBN-13: 9781349464548

This ebook is not only approximately company thoughts and stratagems: it truly is in regards to the 'Faustian' pact among genuine and fiscal powers, ruled through the principles of 'minimizing the prices to oneself of enforcing losses upon others'. it truly is greater than approximately constrained rationality and irrationality: it truly is approximately limitless rationalisations and restricted responsibility.

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Extra resources for Capitalist Discipline: On the Orchestration of Corporate Games

Example text

As a consequence some come to speak of the rise of the “virtual firm”. What kind of “concerted action” do we expect when virtual states meet virtual firms? Virtual governance? What that might mean becomes clearer when we listen to the advocates of a rejuvenation of the old practices of concerted action. The novelty this time is that the advocacy comes from the corporate Olympians themselves – the European Roundtable of Industrialists. The European Roundtable of Industrialists is a platform publishing regularly on social and political- economic issues (it assembles the leading executives of some 40 of Europe’s largest companies).

The order that our mind imagines is like a net, or like a ladder, built to attain something. ” Believing William (and Adso), I propose to mount the rungs before considering abolishing the ladder. In this fashion the first segment of the ladder is devoted to the construction of a model on the orchestration of capitalist discipline (the “view from the balcony”). A second segment details the parameters of the games organizations play (“on the floor”): the conditions, codes and commitments. The final segment reconsiders the consequences of corporate games for the swings of capitalist discipline in dynamic terms: a reinterpretation of nested games and the resulting negotiated order as a cyclical phenomenon.

205), because only size guarantees the new industrial complex the required level of return which secures its autonomy and hence survival. Thus, the discipline of the Galbraithian industrial order is based on an organically shared interest of capital, labor and state in averting anything that may frustrate the indispensable trinity of technology, complexity and size. The New Industrial State Revisited 25 The trinity explains the greatest miracle of capitalist discipline (in fact it is Galbraith’s “solution” for the “clash of rationalities” that was sketched out in Chapter 1): no matter how great the rivalry between firms or how carefully cultivated are the institutional feuds and dislikes … using prices as a weapon of competitive aggression … is exorcised by the strongest canons of corporate behavior.

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Capitalist Discipline: On the Orchestration of Corporate Games by Arthur Wassenberg


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