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Corporate IrresponsibilityAmerica`s Newest Export$
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Lawrence E. Mitchell

Print publication date: 2001

Print ISBN-13: 9780300090239

Published to Yale Scholarship Online: October 2013

DOI: 10.12987/yale/9780300090239.001.0001

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The Dilbert Society? America's Corporate Workers

The Dilbert Society? America's Corporate Workers

(p.208) Chapter 9 The Dilbert Society? America's Corporate Workers
Corporate Irresponsibility

Lawrence E. Mitchell

Yale University Press

This chapter argues that the mandate of stockholder profit maximization encourages managers to treat workers poorly, both to the disadvantage of the workers and the corporation as a whole. It looks at two essential components of the problem: worker treatment and its effect not only on the individual worker but on social and political structures as well; and the possibilities of worker ownership as a solution. The chapter reveals that worker treatment and its consequent social ills can be significantly ameliorated, even within the current system of investor capitalism. It discusses how workers who are made to feel responsible and accountable, who identify with the goals of their employer, and who are made to feel like important contributors with independent ideas are far more likely to care about the corporation than workers who are treated as nothing more than living machines designed for the production of profit.

Keywords:   profit maximization, worker ownership, investor capitalism, merger, acquisition

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