Monopoly Capital
The labour process theory critiques scientific management as authored by Frederick Winslow Taylor in the early 1900s and uses central concepts developed by Harry Braverman in the 1970s. Recent attempts have been made to use labor process theory to explain workers' bargaining power under contemporary global capitalism. The labour process theory has developed into a broader set of interventions and texts linked to critiquing new forms of management strategy of an exploitative nature. In "Labor and Monopoly Capital: Degradation of Work in the Twentieth Century", Braverman seeks to retrieve and update Marx's critiques of the capitalist labour process through an attack upon bourgeois accounts of work in the industrial society. Although Braverman's primary focus is the degradation of work in the twentieth century, which he associates with the relentless tightening of management control, "Labor and Monopoly Capital" also contains at least two other loosely related elements: an outline of developments in the wider organization of monopoly capitalist societies, and an examination of changes in their occupational and class structures.