The Engineers and the Price System

Veblen proposed a soviet of engineers in one chapter in “The Engineers and the Price System.” Veblen believed that engineers, not workers, would overthrow capitalism. He had a penchant for socialism and believed that technological developments would eventually lead toward a socialistic organization of economic affairs. However, his views on socialism and the nature of the evolutionary process of economics differed sharply from that of Karl Marx; while Marx saw socialism as the ultimate goal for civilization and saw the working class as the group that would establish it, Veblen saw socialism as one intermediate phase in an ongoing evolutionary process in society that would be brought about by the natural decay of the business enterprise system and by the inventiveness of engineers. A classic work.

Holacracy: The New Management System for a Rapidly Changing World

Holacracy is a revolutionary management system that redefines management and turns everyone into a leader.

Holacracy distributes authority and decision-making throughout an organization, and defines people not by hierarchy and titles, but by roles. Holacracy creates organizations that are fast, agile, and that succeed by pursuing their purpose, not following a dated and artificial plan.

This isn’t anarchy it’s quite the opposite. When you start to follow Holacracy, you learn to create new structures and ways of making decisions that empower the people who know the most about the work you do: your frontline colleagues.

Some of the many champions of Holacracy include Tony Hsieh, CEO of Zappos.com (author of the #1 “New York Times” bestseller “Delivering Happiness”), Evan Williams (co-founder of Blogger, Twitter, and Medium), and David Allen.