Authors: Tony Tinker; Aida Sy; Emanuel Saxe
Addresses: Department of Accountancy, Baruch College at the City University of New York, Box B12 :225One Bernard Baruch Way, New York, NY 10010, USA ' Critical Accounting Projects Inc., 77 Bleecker Street, Suite 305W, New York, NY 10012, USA ' Deceased; formerly of: Department of Accountancy, Baruch College at the City University of New York, One Bernard Baruch Way, New York, NY 10010, USA
Abstract: The New York Times, reports, that: "The financial meltdown has sent the literary-minded scurrying back to the classics for insight and succor. The exploits of the Ponzi artist Bernie Madoff remind us of THE GREAT GATSBY (F. Scott Fitzgerald, 1950) or THE WAY WE LIVE NOW [Anthony Trollope, 1941] So when hard-core free-marketeers like Richard Posner (2009) started to question the efficacy of capitalism, the works of Karl Marx are being fished out of the dustbin of history. Most classical critiques of capitalism are much-mentioned but rarely read in the original, these were the kind of books that people routinely cite without really knowing what's in them" (The New York Times International Edition, July 2009).
Keywords: Mayo; Durkheim; capitalism; Saxe; bureaucracy; Briloff; professionalism; professionalisation ethics; business administration; industrial management; professions.
International Journal of Critical Accounting, 2016 Vol.8 No.1, pp.19 - 29
Available online: 23 Apr 2016 *Full-text access for editors Access for subscribers Purchase this article Comment on this article