The neoclassical sequence of capitalist causality is sundered when the putative owner of property surrenders both control and automatic entitlement to its proceeds
Given this historical opportunity created by the state's war economy, corporate leaders and Wall Street developed the tenets of shareholder democracy to promote their own long-sought cultural and economic legitimacy, articulate a conservative, anti-regulatory, anticollective political agenda, and o…
Given this historical opportunity created by the state's war economy, corporate leaders and Wall Street developed the tenets of shareholder democracy to promote their own long-sought cultural and economic legitimacy, articulate a conservative, anti-regulatory, anticollective political agenda, and o…
[...] "Well, that is just a matter of making the economy more efficient. In the end that is good because you take people out of dead-end jobs anyway and sort of force them to find something in an industry that is growing. But, I am sure, if you are on the other side of that equation, it is a lot ha…
Kedd made sense of shareholder value-led downsizings by using rationales of efficiency, long-term economic value, and the prospect of a "better" overall economy. By justifying restructuring and the breakup of companies with discourses of future excellence, Kedd not only excised worker trauma from h…
