New Capitalism

Author: W. E. Harrell
Publisher:
Publish Date: 1999-02-01
Features: This book mainly introduces the changes in the management methods of American capitalist enterprises. The author argues that "old capitalism" aims to pursue maximum profit, with management primarily based on the "dictatorial" approach of the owner. "New capitalism," on the other hand, serves society and involves employees, unions, even customers and clients in decision-making and management. The author also believes that the capitalist system and the socialist system each have their strengths and weaknesses, and by complementing each other, they can ensure the smooth development of their respective economies.