The Culture of the New Capitalism - Hardcover

Sennett, Richard

Hardcover

ISBN 10: 030010782X ISBN 13: 9780300107821

Publisher: Yale University Press, 2006

Synopsis

The distinguished sociologist Richard Sennett here surveys major differences between earlier forms of industrial capitalism and the more global, more febrile, ever more mutable version of capitalism that is taking its place. He shows how these changes affect everyday life - how the work ethic is changing; how new beliefs about merit and talent displace old values of craftsmanship and achievement; how what Sennett calls "the spectre of uselessness' haunts professionals as well as manual workers; how the boundary between consumption and politics is dissolving. In recent years, reformers of both private and public institutions have preached that flexible, global corporations provide a model of freedom for individuals, unlike the experience of fixed and static bureaucracies Max Weber once called an "iron cage". Sennett argues that, in banishing old ills, the new-economy model has instead created new social and emotional traumas. Only a certain kind of human being can prosper in unstable, fragmentary institutions: the culture of the new capitalism demands an ideal self oriented to the short-term, focused on potential ability rather than accomplishment, willing to discount or abandon past experience. In a concluding section, Sennett examines a more durable form of self-hood, and what practical initiatives could counter the pernicious effects of 'reform'.

About this title

Review:

'...packed with thought...profound and challanging... [I am] full of admiration for the subtlety and originality of Richard Sennett's work...' -- Madeleine Bunting, New Statesman, March 13 2006

'The academic rigour and creativity of the ideas...cannot be faulted...' -- Sam Mendelson, Financial World Magazine, June 2006

'[Sennett] has brilliantly pushed his thinking... [A] triumph...' -- Will Hutton, The Observer, March 12 2006

About the Author:

Richard Sennett teaches sociology at The Massachusetts Institute of Technology and the London School of Economics. His recent publications include The Corrosion of Character and Respect in a World of Inequality.

About this edition

• Publisher: Yale University Press
• Publication date: 2006
• ISBN 10: 030010782X
• ISBN 13: 9780300107821
• Binding: Hardcover
• Edition number: 1
• Number of pages: 224