ABSTRACT

Forty years ago, after World War II, business was still a dirty word for 'intellectuals' everywhere. Even in the US, topflight university graduates turned up their noses at business jobs and tried instead to get into government service or into university teaching. The business society is still in full bloom in the 'rapidly industrializing countries', the countries that are moving from 'developing' to being 'developed'. As a result of the success of business, the 'capitalist' has become economically almost irrelevant in developed countries. From the 1890s until World War II, business was the most powerful political lobby in Washington, even under 'anti- business' administrations. After World War II the labour unions - which of course also are 'business' in their concerns - became the most powerful pressure group in Washington. A very large number of knowledge workers, perhaps the majority, will still be working in and for businesses.