Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

Source code on GitHub (MIT license).

To belong to the capitalist class by virtue of ownership of capital, one must simply possess adequate wealth; that is the only requirement for membership in that sense. To belong to the capitalist class in its aspect as the direct organizer and manager of a capitalist enterprise is another matter. Here, a process of selection goes on having to do with such qualities as aggressiveness and ruthlessness, organizational proficiency and drive, technical insight, and especially marketing talent. Thus while the managerial stratum continues to be drawn from among those endowed with capital, family, connections, and other ties within the network of the class as a whole, it is not closed to some who may rise from other social classes, not through the acquisition of wealth on their part but through the co-optation of their talent on the part of the capitalist organization which they serve. In this case the ownership of capital later follows from the managerial position, rather than the other way around. But this is exceptional, not just because top management is drawn as a rule from within the class, but also because the stratum as a whole is not a large one.

—p.258 12. The Modern Corporation (257) by Harry Braverman 2 weeks, 1 day ago