In this provocative book Richard Sennett looks at the ways today's global, ever-mutable form of capitalism is affecting our lives. He analyzes how changes in work ethic, in our attitudes toward merit and talent, and in public and private institutions have all contributed to what he terms the specter of uselessness, and he concludes with suggestions to counter this disturbing new culture. Hardly any social thinkers have given serious thought to the drastic changes in corporate culture wrought by downsizing, 're-orging, ' and outsourcing. Fortunately, the exception--Richard Sennett--is also one of the most insightful public intellectuals we have. In The Culture of the New Capitalism Sennett addresses the new corporate culture with his usual vast erudition, endlessly supple intellect, and firm moral outlook. The result is brilliant, disturbing, and absolutely necessary reading.--Barbara Ehrenreich, author of Bait and Switch: The (Futile) Pursuit of the American Dream ennett has brilliantly pushed his thinking. . . . triumph.--Will Hutton, The Observer Reflective, studded with sharp insights, moving with grace between big ideas and specific cases. This is vintage Sennett.--Douglas W. Rae, author of City: Urbanism and Its End Packed with thought. . . . Profound and challenging. . . . am full of admiration for the subtlety and originality of Richard Sennett's work.--Madeleine Bunting, New Statesman Richard Sennett teaches sociology at the Massachusetts Institute of Technology and the London School of Economics. His recent publications include The Corrosion of Character and Respect in a World of Inequality. Looks at the ways the global form of capitalism affects our lives. This book analyzes how changes in work ethic, in our attitudes toward merit and talent, and in public and private institutions contributes to 'the spectre of uselessness'. It concludes with suggestions to counter this disturbing culture. Acknowledgments
ix
Introduction
1
ONE Bureaucracy
15
TWO Talent and the Specter of Uselessness
83
THREE Consuming Politics
131
FOUR Social Capitalism in Our Time
179
Notes
199
Index
205