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Sugar Daddy Capitalism

The Dark Side of the New Economy
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( 56 ratings, 16 reviews)
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Sugar Daddy Capitalism by Peter Fleming offers a sharp and witty critique of the new economy, connecting the sleaziness of Harvey Weinstein's 'business meetings' with the passionless doctrine of neoclassical economics. It explores how efforts to reduce bureaucracy and government involvement have led to a capitalism characterised by informal yet exploitative management practices, such as zero-hours contracts, workplace hazing, and predatory middle managers. Fleming coins the term ‘Sugar Daddy Capitalism’, drawing an analogy to the controversial dating app where wealthy businessmen seek young women struggling with university fees, illustrating how the economy intrudes personally and relentlessly into people's lives.
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

This incisive examination is suited for readers interested in economics, sociology, workplace culture, and contemporary social critique, including students, academics, and professionals puzzled by modern capitalist dynamics.

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Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

What is the connection between the sleaziness of Harvey Weinstein’s ‘business meetings’ and the passionless doctrine of neoclassical economics? In this witty and incisive examination of the new economy, Peter Fleming argues that they are closer than you might think.

The quest to rid society of bureaucracy, shrink government and burn red tape has certainly made capitalism ‘more human’, but not in the family-friendly way envisaged by free-market gurus. Increasing informality has led to a capitalism fuelled by limitless exploitation and increasingly seedy methods of management, from semi-feudal workplace hazing rituals and predatory middle-managers with an axe to grind to arbitrary zero-hours contracts, Uber and, perhaps worst of all, the compulsory gym session with your boss.

Fleming dubs this Sugar Daddy Capitalism after the controversial dating app wealthy businessmen use to meet young girls, most of whom are struggling with university fees. What seems like a creepy outlier is actually a prescient metaphor for our whole economy: an anonymous and impersonal cash system that is also intent on getting under your skin, extra close and capable of ruining everything if you say ... ‘no’.

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"Sugar Daddy Capitalism is a sober, utterly convincing analysis of contemporary economies of all scales, and the encroachment of the market into every nook and cranny – literally – of our lives. This book won't make you happy, but it will make you angry." — Nina Power, University of Roehampton "Scary, poignant and hilarious – Sugar Daddy Capitalism confirms Peter Fleming's position as one of the most interesting social analysts writing today." — Carl Cederström, co-author of The Wellness Syndrome

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Book Details

INFORMATION

ISBN: 9781509528202

Publisher: John Wiley and Sons Ltd

Format: Paperback / softback

Date Published: 12 October 2018

Country: United Kingdom

Imprint: Polity Press

Audience: General / adult

DIMENSIONS

Spine width: 18.0mm

Width: 138.0mm

Height: 214.0mm

Weight: 295g

Pages: 184

About the Author

Peter Fleming is Professor of Business and Society at the Cass Business School.

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