3 Management as Politico-economic Governance

DOI: 10.4324/9781003231875-3

After questioning the self-evident conceptualization of management from the perspective of Xenophon in the first chapter, we questioned it from the perspective of the grand challenges of our time (Section 7). In the context of contemporary grand challenges like global warming, it is no longer self-evident that management consists in the establishment and governance of a functioning order. As management involves an intrinsic relation between business and society, as we have seen in the previous chapter, while society faces grand challenges like global warming today, we questioned whether managers can control this problem, while because of their epistemic insufficiency, ...

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