Try free for 30 days
-
The Corporation in the Twenty-First Century
- Why (almost) everything we are told about business is wrong
- Narrated by: Peter Wicks
- Length: 10 hrs
Failed to add items
Add to basket failed.
Add to Wish List failed.
Remove from Wish List failed.
Follow podcast failed
Unfollow podcast failed
Pre-order for $37.98
No valid payment method on file.
We are sorry. We are not allowed to sell this product with the selected payment method
Publisher's Summary
In the world of Adam Smith and Karl Marx, wealthy capitalists built and controlled mills and factories. That link from personal wealth to tangible capital to hierarchical managerial and political authority continued in the automobile assembly lines and petrochemical plants of the twentieth century.
But products and production have dematerialised. The goods and services provided by the leading companies of the twenty-first century appear on your screen, fit in your pocket, or occupy your head. Ownership of the means of production is a redundant concept. Workers are the means of production; increasingly, they take the plant home.
Capital is a service bought from a specialist supplier with little influence over customer businesses. The professional managers who run modern corporations do not exert authority because they are wealthy; they are wealthy because they exert authority.
John Kay's incisive overhaul of our ideas about business redefines our understanding of successful commercial activity and the corporation—and describes how we have come to 'love the product' as we 'hate the producer.' This is a brilliant and original work from one of the greatest working economists.