Paper $25.00 ISBN: 9780745337531 Published March 2018 For Sale in All Americas and the Caribbean except Canada
Cloth $99.00 ISBN: 9780745337548 Published March 2018 For Sale in All Americas and the Caribbean except Canada

Managerial Capitalism

Ownership, Management, and the Coming New Mode of Production

Gerard Duménil and Dominique Lévy

Managerial Capitalism

Gerard Duménil and Dominique Lévy

Distributed for Pluto Press

224 pages | 23 figures | 5 1/4 x 8 1/2 | © 2018
Paper $25.00 ISBN: 9780745337531 Published March 2018 For Sale in All Americas and the Caribbean except Canada
Cloth $99.00 ISBN: 9780745337548 Published March 2018 For Sale in All Americas and the Caribbean except Canada
Marxist analysis has traditionally been built on a two-class framework: workers and capitalists. With Managerial Capitalism, Gerard Duménil and Dominique Lévy mount a powerful argument that such a framework is outdated—we are in fact amid a transition to a new mode of production, one that is fundamentally shaped by a third, intermediary class: managerialism.
            Drawing examples from the United States and Europe, the authors offer a historically rooted interpretation of major current economic and political trends. Without eschewing Marx’s theory of history and political economy, they update it to take account of the changes underway in class patterns and relationships to production. The result is a robust new Marxism for the present and the future.
Contents
Joining the ranks of managerial capitalist countries
 
Part IV: Prospects for Human Emancipation within and Beyond Managerialisms
17. The economics and politics of managerialisms
Trajectories and outcomes
Degrees and forms of socialization
Less capitalism-More managerialism
Subduing capitalist classes-Helping towards their reconversion
Hierarchies
A managerialism bent to the left?
 
18. The potential of popular struggle
The historical dynamics of emancipation and regression I: Capitalist modernity
The historical dynamicsof emancipation and regression II: Managerial modernity
The class foundations of revolutions and counter-revolutions
Bifurcating
An incoming structural crisis?
Intraclass cohesiveness: A pending political crisis of neoliberalism?
A utopia for the twenty-first century?
 
Notes
Index
 
Review Quotes
Duncan Foley
“Every serious student of political economy will want to read Gérard Dumenil and Dominique Lévy’s masterful synthesis of Marxist method, contemporary Econo-physics, and their own theoretical and empirical work on the emergence of neoliberal managerial forms of capitalism on a global scale.”
 
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