ABSTRACT

During the 1990s decade of Capitalism Triumphant, we heard constantly about the evils of central planning and authoritarian control. Yet the prevailing corporate structure remains a centrally-managed hierarchy, albeit adorned with a few gentle touches and good intentions. Despite recent claims about empowerment, teams, networking, and other progressive management concepts, this was also a decade of harsh downsizing, top-down change, and extravagant executive pay. Beneath the rhetoric, little is really different.