The Culture of the New Capitalism
The distinguished sociologist Richard Sennett here surveys major differences between earlier forms of industrial capitalism and the more global, more febrile, ever more mutable version of capitalism that is taking its place. He shows how these changes affect everyday life - how the work ethic is changing; how new beliefs about merit and talent displace old values of craftsmanship and achievement; how what Sennett calls the spectre of uselessness' haunts professionals as well as manual workers; how the boundary between consumption and politics is dissolving. In recent years, reformers of both private and public institutions have preached that flexible, global corporations provide a model of freedom for individuals, unlike the experience of fixed and static bureaucracies Max Weber once called an iron cage. Sennett argues that, in banishing old ills, the new-economy model has instead created new social and emotional traumas. Only a certain kind of human being can prosper in unstable, fragmentary institutions: the culture of the new capitalism demands an ideal self oriented to the short-term, focused on potential ability rather than accomplishment, willing to discount or abandon past experience. In a concluding section, Sennett examines a more durable form of self-hood, and what practical initiatives could counter the pernicious effects of 'reform'.
What people are saying - Write a review
We haven't found any reviews in the usual places.
Other editions - View all
Abraham Maslow advertising American anxiety army automation become branding Britain bureaucracy bureaucratic pyramid century consumption corporate cracy craft craftsmanship culture cutting-edge economy elite employees ence experience firms flexible organization focused Georgina Born global global South gold-plating Guy Debord Hannah Arendt heavals human ideal imagination immigrants individuals inequality informal trust institutions interviewed investors iPod iron cage kind labor long-term loyalty machines matter Max Weber ment meritocracy military modern narrative one’s people’s person platform politicians Polly Toynbee possess potency potential ability practice problem production realm reform ressentiment Richard Sennett search for talent self-consuming passion Sennett sense shift short-term skills social capital sociologist specter of uselessness stitutional structure sumer things thinking tion tive Ulrich Beck Vance Packard Wal-Mart wealth Weber welfare workers York young