Abstract

The background of the article is Marxism's lack of a notion of management. The article suggests that anyone rethinking capitalism should pause for a moment to check on the evidence for such a notion. It seems necessary because today's theory of capitalism can no longer be content with a structural theory of the conflict between capital and labour, but must integrate a poststructural, or operational, theory of how capitalism is sustained on a day-to-day basis by organized projects in networks. The article develops a notion of `management by strata', which is matched to the traditional role of hierarchies, and a notion of `management by ties', which is tuned to the newly discovered role of hierarchies in networks. The method used in the article is a theoretical study based on the sociological theories of social systems and networks