Confronting Managerialism offers a scathing critique of the crippling influence of neoclassical economics and modern finance on business school teaching and management practice. Locke and Spender show how business managers who were once well-regarded as custodians of the economic engines vital to our growth and social progress now seem closer to the rapacious “robber barons” of the 1880s. In effect, responsible management has given way to “managerialism,” whereby an elite caste of businessmen disconnected from any ethical considerations now call the shots, sending the lives of rest of us “out of balance.”
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