----- Original Message ----- From: "Wojtek Sokolowski" <sokol at jhu.edu>
In many ways, his vision came true. For one thing, the mergence of the executive class - highly paid employees that took over the control of the firm putting owners (stockholders) to the back seat - or ESOP is consistent with Marx's prophecy of the producers taking the control of the means of production. It may lack the populist appeal and revolutionary romanticism - but it is a form of workers' control of the means of production nonetheless.
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Corporate executives and upper managers extract value from workers via a structure of power. Corporate managerialism, with the accompanying endless meetings [ a not insignificant source of greenhouse gases btw] and petty yet rampant authoritarianisms was not what KM had in mind, imo. Anyone who's never made it into the inner sanctum of power while working in a Fortune 500 company can tell you that.
Ian