Thursday, June 23, 2011

Managerialism Rules in America

A useful reminder, by Mark Roe, of his well-known analysis of modern American capitalism.


“When it comes to capitalism vs. socialism, we know which side the US is on. But when it’s managers vs. capital-owners, the US is managerialist, not capitalist.”

A comment: Continental European systems are, of course, also managerialist, but on top of that they are corporatist, that is, are characterized by a deep collusion of business and administrative-political elites, an extreme version of that type of system being non-european but Japanese.

Read his post here.

For further references look here.

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