126: Labor and Monopoly Capital -- Harry Braverman (Part 1)

My Years with General Motors is a classic business book that provides a detailed account of Alfred P. Sloan Jr.'s experience at the helm of General Motors. Published in 1963, it has been praised for its practical and insightful look into the 'discipline of management. ' The book covers Sloan's strategies, including market analysis, financial and inventory controls, and the benefits of economies of scale. It also discusses key business decisions, such as the division of cars by customer class and the introduction of innovations like four-wheel brakes and ethyl gasoline. The book is highly regarded, with endorsements from figures like Bill Gates and inclusion in Business Week's 'bookshelf of indispensable reading'.

In this book, Arlie Russell Hochschild travels from her liberal hometown of Berkeley, California, to the conservative heartland of Louisiana to understand the rise of the Tea Party movement. She profiles individuals such as Mike Schaff, a former oil industry worker whose town was devastated by a drilling accident, and Lee Sherman, who suffered from toxic waste dumping. Hochschild seeks to overcome the 'empathy wall' between liberals and conservatives by exploring the deep emotional and social reasons behind their political views, including feelings of loss, anger, and a sense of betrayal. The book provides a nuanced understanding of why people might vote against their apparent self-interest and argues for the possibility of mutual compassion and understanding between the right and the left.

Harry Braverman's "Labor and Monopoly Capital" is a seminal work in labor history and critical management studies. The book meticulously details the historical shift in capitalist production, arguing that the deskilling of labor and increased managerial control are central to the logic of modern capitalism. Braverman analyzes how technology and management practices are used to extract maximum surplus value from workers, leading to alienation and dehumanization in the workplace. His analysis remains highly relevant in understanding contemporary labor issues and the ongoing struggle for worker empowerment. The book's impact on labor studies and critical theory is undeniable, shaping debates on work, technology, and power.