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Managerial Capitalism by Any Other Name

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  • Pascal Petit

Abstract

The author claims that the more managerial capitalism changes, the more it remains the same. He begins by analyzing John Kenneth Galbraith's description of corporate structure in the 1950s and 1960s. But he finds that the rising influence of finance since then has ironically only made managers stronger. What is the future of capitalism, then?

Suggested Citation

  • Pascal Petit, 2005. "Managerial Capitalism by Any Other Name," Challenge, Taylor & Francis Journals, vol. 48(5), pages 62-78.
    • Handle: RePEc:mes:challe:v:48:y:2005:i:5:p:62-78
    DOI: 10.1080/05775132.2005.11034317
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    Cited by:

    1. Lino Sau, 2022. "Schumpeter vs. Minsky on the Evolution of Capitalism and Entrepreneurship," Annals of the Fondazione Luigi Einaudi. An Interdisciplinary Journal of Economics, History and Political Science, Fondazione Luigi Einaudi, Torino (Italy), vol. 56(1), pages 245-272, June.
    2. Pascal Petit, 2006. "French Youth Rise Up," Challenge, Taylor & Francis Journals, vol. 49(5), pages 108-120.

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