The culture of the new capitalism

Richard Sennett

    Research output: Book/ReportBook

    Abstract

    The distinguished sociologist Richard Sennett surveys major differences between earlier forms of industrial capitalism and the more global, more febrile, ever more mutable version of capitalism that is taking its place. He shows how these changes affect everyday life-how the work ethic is changing; how new beliefs about merit and talent displace old values of craftsmanship and achievement; how what Sennett calls 'the specter of uselessness' haunts professionals as well as manual workers; how the boundary between consumption and politics is dissolving.In recent years, reformers of both private and public institutions have preached that flexible, global corporations provide a model of freedom for individuals, unlike the experience of fixed and static bureaucracies Max Weber once called an 'iron cage.' Sennett argues that, in banishing old ills, the new-economy model has created new social and emotional traumas. Only a certain kind of human being can prosper in unstable, fragmentary institutions: the culture of the new capitalism demands an ideal self oriented to the short term, focused on potential ability rather than accomplishment, willing to discount or abandon past experience. In a concluding section, Sennett examines a more durable form of self hood, and what practical initiatives could counter the pernicious effects of "reform."

    Original languageEnglish (US)
    PublisherYale University Press
    Number of pages214
    ISBN (Print)9780300107821
    StatePublished - 2006

    Fingerprint

    capitalist society
    private institution
    new economy
    public institution
    bureaucracy
    sociologist
    everyday life
    trauma
    corporation
    experience
    moral philosophy
    worker
    reform
    human being
    politics
    ability
    Values

    ASJC Scopus subject areas

    • Social Sciences(all)

    Cite this

    Sennett, R. (2006). The culture of the new capitalism. Yale University Press.

    The culture of the new capitalism. / Sennett, Richard.

    Yale University Press, 2006. 214 p.

    Research output: Book/ReportBook

    Sennett, R 2006, The culture of the new capitalism. Yale University Press.
    Sennett R. The culture of the new capitalism. Yale University Press, 2006. 214 p.
    Sennett, Richard. / The culture of the new capitalism. Yale University Press, 2006. 214 p.
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