Culture of the new capitalism (Record no. 77033)

MARC details
000 -LEADER
fixed length control field 02553nam a2200217Ia 4500
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20220425223913.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
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020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9788125030669
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 330.122 SEN
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name "Sennett, Richard"
245 #0 - TITLE STATEMENT
Title Culture of the new capitalism
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc. Hyderabad
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Name of publisher, distributor, etc. Orient longman
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2007
300 ## - PHYSICAL DESCRIPTION
Extent 214p.
365 ## - TRADE PRICE
Price amount 345.00
365 ## - TRADE PRICE
Unit of pricing RS
520 ## - SUMMARY, ETC.
Summary, etc. Based on the author's Castle Lectures at Yale, the book is a sociological study of the influence of the New Economy on human relationships. Sennett describes the transformations that have taken place in postmodern capitalism as corporations have become more diffuse, unstable, and decentered. Contrasted with the 'iron cage' bureaucracy described by Weber – those pyramid-like corporate structures in which individuals knew their place and planned their futures – modern corporations provide no long-term stability, benefits, social capital, or interpersonal trust.<br/><br/>Sennett first looks at bureaucracy in early capitalism. Most businesses were short lived and unstable. However, in the latter half of the 19th century, business was modelled on predictable military lines where all roles were defined and career progression could be mapped out. This new model aimed at social inclusion, that is, most would work at the base of the social pyramid, hopefully progressing to the tip.<br/><br/>Modern capitalism looks at this model with disdain – too many superfluous people are employed to remain competitive and people should constantly adapt and prove themselves to be assets. Therefore, in large modern businesses, the majority of workers face uncertainty and find it difficult to conceive of a life narrative. Due to mechanization and the need for upskilling, managers as well as their subordinates face the possibility of obsolescence. Concepts such as craftmanship and getting the job right are seen as wasteful and somewhat obsessive.<br/><br/>Capitalism's need for potential is increasingly reflected in the education system. SATs favour superficial and adaptive reasoning rather than deeper introspection on the meaning of things. Finally, comparisons are made between branding and politics. Products such as cars are physically very similar, but branding creates differences on minor issues revolving around appearance and emotion. Sennett views this same 'goldplating' process as having a largely negative influence on modern politics where presentation is key.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Capitalism
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Books
Source of classification or shelving scheme Dewey Decimal Classification
Holdings
Withdrawn status Lost status Damaged status Not for loan Home library Current library Shelving location Date acquired Cost, normal purchase price Total checkouts Full call number Barcode Date last seen Cost, replacement price Price effective from Koha item type
  Not Missing Not Damaged   Gandhi Smriti Library Gandhi Smriti Library   2020-02-04 345.00   330.122 SEN 92945 2020-02-04 345.00 2020-02-04 Books

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