By H. Kazeroony, A. Stachowicz-Stanusch
The e-book examines the altering exterior setting of enterprises. This e-book explores the contradictions in the international capitalist procedure and their results to evaluate and locate methods in developing new wisdom for managers/leaders to reorient themselves in acceptable restructuring of corporations to higher serve their stakeholders.
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Extra info for Capitalism and the Social Relationship: An Organizational Perspective
Business and Society Review, 117(3), 383–405. 2 Critical Analysis of the Influence of Transnational Capitalism on Institutions and Organizations Jose Vargas Hernandez The emergence of capitalism The term capitalism carries a long history of human exploitation and for a long time, in general, has been omitted from speeches, although it is accepted the existence of a system that in fact is valid and current with important variations (Jay & Jay, 1986; Tormey, 2012). Weber (1978) defines the spirit of capitalism as the set of elements that inspire ethical entrepreneurs on their shares in favor of capital accumulation.
The nation state has become an instrument of development cooperation of transnational capitalism. If looking at the neoliberal state as a continuation of the welfare state, it means legitimizing the new correlation of social forces arising from the transformations of capitalism and establishes the framework and infrastructure for creating transnational state. The transnational capitalist elite requires regulatory processes to stabilize the capitalist system. The economic elites who rule in market democracies conduct intense campaigning to convince the global citizenship of the myth of unprecedented power of globalization for individuals.
Market capitalism currently faces numerous threats that may disturb the foundations of capitalism. In the past 50 years, the world has experienced unprecedented economic growth, which is largely attributable to the global spread of market capitalism (Meyer & Kirby, 2012). Since the 1990s, re-engineering, subcontracting, and globalization have become the prevalent mainstream operation and management models. According to ‘re-engineering,’ business operations are examined from a technological perspective that ignores human needs.