In the modern corporation the decisive power, that of the…
“In the modern corporation the decisive power, that of the managers , is derived from no one but the managers themselves controlled by nobody and nothing and responsible to no one. It is in the most literal sense unfounded, unjustified, uncontrolled and irresponsible power.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
It argues that managerial authority is self‑generated and lacks external accountability, making it inherently unstable.
In simple terms: Managers hold power without clear oversight.
Implement checks on managerial power.
Themes
Mood
Type
When to use this quote
- corporate governance
- policy making
- employee relations
- public administration
Key Concepts
Questions to Reflect On
- How can accountability be built into managerial roles?
- What safeguards ensure responsible decision‑making?
Power can be justified when aligned with stakeholder interests.