“Organizations are not really "owned" by anyone. What formerly constituted ownership was split up into stockholders' rights to share in profits, management's power to set policy, employees' right to status and security, government's right to regulate. Thus older forms of wealth were replaced by new forms.”
Quote by Charles A. Reich
Work
The book analyzes a perceived shift in American values, particularly among young people, moving away from materialism and hierarchical structures toward personal authenticity, environmental awareness, and participatory democracy. It identifies three stages of consciousness in American history, proposing that a emerging third stage represented a fundamental break with previous generations. The work became a significant cultural document of its era, reflecting widespread interest in countercultural movements and social transformation during the late 1960s and early 1970s. Its arguments about generational change and the relationship between consciousness and social structure contributed to public discussions about the direction of American society during a period of considerable political and cultural upheaval. more
Author
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