Friday, January 23, 2009
The shock doctrine at work posted by Richard Seymour
"Every downturn opens a window of opportunity to adjust the status quo, and astute managers push through necessary changes while the window is open. An economic crisis marks a sharp break with the past, and, observing the break, employees recognise that a firm cannot continue to do what it did in the past. The downturn lowers their resistance to change and cuts through complacency. A downturn often brings latent challenges to a head, and savvy managers can harness the resulting energy to infuse the organisation with a sense of urgency in fixing these problems. A downturn provides a ready-made external rationale to justify painful decisions that would appear extreme in better times."Labels: class, class struggle, economy, recession, ruling class
2:05:00 pm |
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