Glossary C

Nos A B C D E F G H I J K L M N O P-Q R S T U V W X-Y-Z CAPI: As part of his Organisation LifeCycle concept, Ichak Adizes (1987) developed the concept of Coalescing the Authority to make decisions and the Power to implement decisions by those who know how to Influence/Integrate. Don Beck (2000a) has promoted CAPI of the stakeholders as a vital step in structuring any form of MeshWORK. Capitalism: a form of economic organisation in which the means of production are privately owned and controlled. Making profit from the use of capital is the prime objective. In theory those employed by the Capitalists benefit from the wages they are paid for their labour – though, as labour is often a principal – if not the principal cost – to maximise profit, the Capitalists have to keep wages as low as possible. They also have to sell what is made by the workers for the highest price the market will bear. Supporters of Capitalism tend to claim that the profit motive has lead to many countries – Western countries especially – enjoying affluent lifestyles. Critics attack its reduction of all relationships… Read More