Electronic Resource
Bingley
:
Emerald
International journal of social economics
29 (2002), S. 385-410
ISSN:
0306-8293
Source:
Emerald Fulltext Archive Database 1994-2005
Topics:
Economics
Notes:
The Berle and Means thesis focuses on a managerial revolution in which corporate control came to be transferred from owners to managers. Currently, it is arguable that control of corporate policy has shifted back to owners in what has come to be called "investor capitalism." Stock market manipulators, as owners, have currently come to assert increased levels of control over CEO autonomy. This empirical reality appears in a vicious circle culminating in excessive CEO profits. The result has been to give support to a basic Veblenian assertion that imbecile business institutions hold sway to direct and dominate the economic process. In this process, the making of money rather than the production of goods serviceable for basic human needs have increasingly come to prevail over the US economy and culture.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1108/03068290210423523
|
Location |
Call Number |
Expected |
Availability |
