Power in Organizations Assignment Example | Topics and Well Written Essays - 750 words

Power in Organizations - Assignment Example    However, this perspective is limited by the limits of human abilities with regard to both individual ability to rationalize and overall cost of adopting a rational strategy in terms of personal, social and organizational costs. The exploitative perception, on the other hand, focuses on Marxist theory of exploitation. It speaks about the exploitation of different groups of persons in society by other classes of people. Such exploitation of segments of the population is a distinct feature of capitalistic, free markets where capital is the dominant factor. Capital is viewed as a social resource rather than a physical economic resource used to extract value of labor. This management approach considers workers as mere exploitable productive labor, and the value of workers’ wages is unequal to the value of products they make. Through this system, management always ensures surplus values that are enjoyed by the capitalists. Marxist theorists define exploitation as the labor theory of value, which affirms that the market price of a commodity is a function of quantity of labor time socially required to create the product. Therefore, because the organization makes profits on account of its workers, then the wo rkers are deemed to be exploited. The limitation of this approach is that the nature of work remains boring and mechanical, and the relationship between employers and employees remains hostile because labor is forced and workers are antagonized by their employers leading to low morale (Thomas, 2003).