technostructure love

technostructure

Definitions

from The American Heritage® Dictionary of the English Language, 4th Edition

  • n. A large-scale corporate system.
  • n. A network of skilled professionals who control such a corporate system.

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. A corporate structure including technicians or other skilled professionals

Etymologies

techno(logy) + structure.
(American Heritage® Dictionary of the English Language, Fourth Edition)

Examples

  • Galbraith is perhaps the best known representative of a long line of economists who emphasized the changes in American capitalism brought about by the growing size of corporations: internally, the separation of management and ownership and the professionalization of management of which the technostructure is the most recent manifestation; externally, the growing importance of market and monopoly power.

    Alliance with Galbraith?

  • I think the technostructure is a myth, and that the real reason is that power is wielded by the owners and managers of capital in the interest of maximizing profits and the rate of capital accumulation.

    Alliance with Galbraith?

  • These grads staffed gigantic multidivisional organizations, which John Kenneth Galbraith once called the "technostructure."

    The Full Feed from HuffingtonPost.com

  • Corporate bureaucrats — collectively, the "technostructure" — had pushed aside the entrepreneurs, proposed Galbraith channeling Thorstein Veblen.

    The Non-Economist's Economist

  • John Kenneth Galbraith saw the college-trained middle classes forming a "technostructure" that ruled large corporations in

    Eurozine articles

  • "He (or she) is a passive and functionless figure, remarkable only on his capacity to share, without effort or even without appreciable risk, in the gains from the growth by which the technostructure measures its success," according to Galbraith.

    The Non-Economist's Economist

  • Planning is what the technostructure does best — it seems to hate surprises.

    The Non-Economist's Economist

  • Thus his New Industrial State with its influential discussion of the technostructure involved forecasts of the US and USSR economies converging on some middle form, with the planning of the oligopolistic bureaucracies and the central planning bureaucracies coming to resemble each other.

    Eschew Sesquipedalian Obsfucation, Bryan Caplan | EconLog | Library of Economics and Liberty

  • There is the attention he has paid to “the planning system,” the “technostructure,” the “new industrial state” as the seat of decisions about the future.

    Economic Principals

  • He concedes that the managerial revolution is real and that the corporate technostructure is the decisive political force.

    A Hard Case

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