Corrosion of Character

Question 1

Weber

Answer 1

Time is the only resource available to those at the bottom of society. To make time accumulate you need an “iron cage” - a bureaucratic structure which rationalised the use of time.

Question 2

No long term

Answer 2

The traditional career progressing step by step through the corridors of one or two institutions is withering.

Question 3

The fastest growing sector of the American labour force is p

Answer 3

people who work for temporary job agencies

Question 4

Corporations have

Answer 4

sought to remove layers of bureaucracy, to become flatter and more flexible organisations.

Question 5

Jame Chumpy argues

Answer 5

the market may be “consumer-driven” as never before in history.

Question 6

Mark Granovetter

Answer 6

The modern institutional networks are marked by the strength of weak ties, by which he means that fleeting forms of association are more useful to people than long-term connections.

Question 7

Institutional loyalty is

Answer 7

a trap in an economy where “business concepts, products, designers, competitor intelligence, capital equipment and all kinds of knowledge have shorter credible life spans.

Question 8

Being a flexible person means

Answer 8

that you are more suited and do well in the labour market however it affects your character - it leads to a lack of fixed long term commitments and loosens bonds of trust.