Peter Drucker

"Challenging, insightful, and provocative, Peter Drucker's The New Realities anticipates the central issues of a rapidly changing world. When it was initially published in 1989, some reviewers mistakenly thought The New Realities was a book about the future, or in other words, a series of predictions. But, as indicated in the title, the book discusses realities. Drucker argues that events of the next thirty to forty years, or even further on, had already largely been defined by events of the previous half century. Thus, Drucker discusses episodes in world history that had not yet happened at the time of the book's initial publication, such as: the archaism of the hope for "salvation by society" in "The End of FDR's America"; the democratization of the Soviet Union in "When the Russian Empire is Gone"; the technology boom of the 1990s in "The Information-Based Organization"; and the evolution of management in "Management as Social Function and Liberal Art."" "Graced with a new preface by the author that discusses both reactions to the original publication of the book and how important it is for decision-makers to consider the past and present when planning for the future. The New Realities is mandatory reading for understanding politics, government, the economy, information technology, and business in an ever-changing world."--Jacket.

"Periods of great social change reveal a tension between the need for continuity and the need for innovation. The twentieth century has witnessed both radical alteration and tenacious durability in social organization, politics, economics, and art. To comprehend these changes as history and as guideposts to the future, Peter F. Drucker has, over a lifetime, pursued a discipline that he terms social ecology. The writings brought together in The Ecological Vision define the discipline as a sustained inquiry into the man-made environment and an active effort at maintaining equilibrium between change and conservation. The chapters in this volume range over a wide array of disciplines and subject matter. They are linked by a common concern with the interaction of the individual and society, and a common perspective that views economics, technology, politics, and art as dimensions of social experience and expressions of social value. Included here are profiles of such figures as Henry Ford, John C. Calhoun, Soren Kierkegaard, and Thomas Watson; analyses of the economics of Keynes and Schumpeter;and explorations of the social functions of business, management, information, and technology. Drucker's chapters on Japan examine the dynamics of cultural and economic change and afford striking comparisons with similar processes in the West. In the concluding chapter, "Reflections of a Social Ecologist," Drucker traces the development of his discipline through such intellectual antecedents as Alexis de Tocqueville, Walter Bagehot, and Wilhelm von Humboldt. He illustrates the ecological vision, an active, practical, and moral approach to social questions. Peter Drucker summarizes a lifetime of work and exemplifies the communicative clarity that are requisites of all intellectual enterprises. His book will be of interest to economists, business people, foreign affairs specialists, and intellectual historians."--Provided by publisher.

A key figure in the 1960s civil rights, labor, and peace movements, Max Shachtman was originally a Communist from Harlem, a leader in the fight to save Sacco and Vanzetti, Trotsky's "commissar for foreign affairs," an organizer of the 1934 Minneapolis general strike, and a principled opponent of World War II. He helped chart the strategy of the civil rights movement through associates like Bayard Rustin and Stokely Carmichael, and built a network of influence for the AFL-CIO within the Democratic Party. But, ultimately, Shachtman's support for the Vietnam War helped to break apart the progressive network he had so painstakingly pieced together and contributed to the decimation of the U.S. Left . Drawing on previously untapped archives and recent interviews, this first full-length biography of Max Shachtman and comprehensive study of his thought adds a new dimension to the study of U.S. labor and socialism.

In The Pension Fund Revolution, originally published nearly two decades ago under the title The Unseen Revolution, Peter F. Drucker reports that institutional investors, especially pension funds, have become the controlling owners of America's large companies, the country's only capitalists. He maintains that the shift began in 1952 with the establishment of the first modern pension fund by General Motors. By 1960 it had become so obvious that a group of young men decided to found a stock-exchange firm catering exclusively to these new investors. Ten years later this firm (Donaldson, Lufkin & Jenrette) became the most successful, and one of the biggest, Wall Street firms. . Drucker's argument, that through pension funds ownership of the means of production had become socialized without becoming nationalized, was unacceptable to the conventional wisdom of the country in the 1970s. Among the predictions made by Drucker in The Pension Fund Revolution are: that a major health care issue would be longevity; that pensions and social security would be central to American economy and society; that the retirement age would have to be extended; and that altogether American politics would increasingly be dominated by middle-class issues and the values of elderly people. While readers of the original edition found these conclusions hard to accept, Drucker's work has proven to be prescient. In the new epilogue, Drucker discusses how the increasing dominance of pension funds represents one of the most startling power shifts in economic history, and he examines their present-day impact.