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Author:Harvie, D.
Milburn, K.
Title:Speaking out: How organizations value and how value organizes
Journal:Organization
2010 : SEP, VOL. 17:5, p. 631-636
Index terms:organizations
Freeterms:value creation
Language:eng
Abstract:This article is claiming that value, market value, must be understood as emerging from relationships among people. It is claimed that within the capitalist mode of production (henceforth as: m-of-p.), valued are 'change', 'continual improvement', a perpetual drive to be 'better than the best'. Valued is not wealth understood as things or resources but this continual competitive process. And this is how value organizes: by imposing a regime of constant reorganization. Yet, value is also contested. This mode of organizing human activity, the capitalist m-of-p., is not the only mode. Human beings may value many other actions: passing time with one's children and friends, lolling around in bed, praying to one god or another etc. The value practices of the market economy and of political economy collide with those of what McMurtry (2002) calls the 'life economy' and what E. P. Thompson (1971) called the 'moral economy'. Whenever capitalism's value system comes up against other values, then value is contested.
SCIMA record nr: 271675
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