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11 Cards in this Set

  • Front
  • Back

Thomas Hobbes, Leviathan

- People are untrustworthy and need to be controlled

John Locke

- Citizens have natural rights to liberty, justice and property

Adam Smith


The wealth of nations (1766)

Wealthy countries have


- division of labour


- entrepreneurs


- economic man


- corporations


- laissez faire economics

Henri de Saint-Simon (1821)


- First to analyses industrial economies


- Societies dominated by manufacturing, etc..


- this society is capitalist and urban


- needs managers


- contrasts with early rural society

Protestant Work Ethic


Weber 1904 - 5

- The protestant work ethic contributed to the rise of capitalism


- Work is good for the sole


- Thrift


- Efficiency

Confucian Ethic of Work

- Respect for hard work


- Respect for family

Islamic Ethic of Work

- Hard work is virtuous


- Commitment to the organisation


- A just wage so that employers can live

Karl Marx


Capital 1876



The ills of capitalism


- economic inequality


- society is dominated by economic interests


- economic cycles of boom and bust


- alienation


- social conflict


- crime

Industrial Society

- Henry ford (Gramsci 1948 - 51)


- Mass production


- Mass consumption


- Rise of multinational corporations

Post Industrial Society

Daniel Bell 1973 (The coming of post-industrial society)


- A society with decreasing dependence on manufacturing and greater reliance on the service sector. This transition is seen as part of a stage of capitalism. It needs different forms of management

Management Today

- Global, neo-liberal and pervasive


- Educated, varied in focus and well-paid


- Increasingly prevalent and important


- Widely criticised