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Crisis and hyper-ideological (un)consciousness

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  • Kallifatides, Markus
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    Abstract

    Summary The purpose here is to carve out a position in debates on management teaching by remembering the origins of the agency theory of the firm. In this speculative piece, I formulate precisely what role agency theory may have played in the ongoing global financial crisis. A reading of a recently published text written by leading agency theorists attests to the deeply ideological origins of their work. My article is an attempt to isolate a case of hyper-ideological (un)consciousness, which seeks to assist in building a collective capacity for recognizing what I hold to be its secret kernel: the prevention of ambitious people from reading the works of Karl Marx - a proponent of agency theory's assumptions about behaviour in capitalism.

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    Bibliographic Info

    Article provided by Elsevier in its journal Scandinavian Journal of Management.

    Volume (Year): 27 (2011)
    Issue (Month): 1 (March)
    Pages: 140-150

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    Handle: RePEc:eee:scaman:v:27:y:2011:i:1:p:140-150

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    Related research

    Keywords: Ideology Agency theory Financial crisis Hyper-ideological thought Case of Exorcism Karl Marx;

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