The Engineers and the Price System
Douban
Thorstein Veblen / Daniel Bell (intro.)
Overview
In his The Engineers and the Price System, originally published in 1921, Veblen observes that World War One demanded industrial innovations, and he was among the fi rst to predict the need for changes in managerial structure. Veblen saw that industrial output was more dependent upon technocrats-managers and capital innovators-than fi nanciers.
contents
I: On the Nature and Uses of Sabotage;
II: The Industrial System and the Captains of Industry;
III: The Captains of Finance and the Engineers;
IV: On the Danger of a Revolutionary Overturn;
V: On the Circumstances Which Make for a Change;
VI: A Memorandum on a Practicable Soviet of Technicians
