Monday, June 27, 2011

"Managerialist America"

This is an interesting take on things:

"...this suggests a structural antagonism not between the rich and the not-rich, but between the corporate managerial class, the diffuse crowd of individuals who actually own the companies the managerial class so jealously control, and the rest of us, who are harmed by the knock-on effects of the sorts of managerial malfeasance enabled by the regulatory reinforcment of the separation of ownership and management, and the amplification of agency problems that reinforcement entails."

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