(This post first appeared on the Drucker Exchange, a daily blog produced by the Drucker Institute at Claremont Graduate University. It appears here with permission.)
The man who proved Karl Marx wrong was, according to Peter Drucker, American management expert Frederick Taylor.
Taylor had the insight that factory workers could be made more productive through improvements in technology and management—rather than merely through longer, harder hours. What’s more, those workers could share in the fruits of growth.
“Without Taylor, the number of industrial workers would still have grown fast, but they would have been Marx’s exploited proletarians,” Drucker wrote in The New Realities. “Instead, the larger the number of blue-collar workers who went into the plants, the more they became ‘middle class’ and ‘bourgeois’ in their incomes and their standards of living.”
For the past 30 years,