Yong-Doo Cho
Ashgate
Hardback
212
1996
This is a study of America?s second managerial revolution, of who gets what, when , how, in America?s new economic order. The political significance of this startling book is that socialists are no more necessary to socialism than is public ownership. Socialism requires only that employees manage the economy and that they siphon off most of the surplus. Although not socialism in ideal terms, the author concedes, managerial socialism is here to stay.