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Confronting Managerialism: How the Business Elite and Their Schools Threw Our Lives Out of Balance (Economic Controversies)


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#1316842 in eBooks 2011-09-08 2012-11-15File Name: B00A76WZ9611 of 11 people found the following review helpful. Extraordinarily Useful BookBy Bartley J. MaddenRobert Locke and J-C Spender have written an extraordinarily useful book. In the authors' words: "Manageralism has done America great harm. No aspect of that harm is more pernicious than the role business schools have played in reinforcing the caste's sense of itself and the legitimacy of its predatory instincts done in the name of good management" (pg. 2). The result is an out-of-balance system"In a brilliant and compelling narrative, Locke and Spender trace the decline of American business after World War Two to the extinction of socially responsible management. This is a truly important book ... definitely a must-read." -- H. Thomas Johnson, Professor of Sustainability Management, PortConfronting Managerialism offers a scathing critique of the crippling influence of neoclassical economics and modern finance on business school teaching and management practice. It shows how business managers, once well regarded as custodians of the economic engine driving growth and social progress, now seem more like the rapacious ldquo;robber baronsrdquo; of the 1880s. In effect, responsible management has given way to managerialism, whereby an elite caste of businessmen disconnected from any...

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