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Several years ago, Garrison Lovely wrote an insider account of McKinsey & Co. for Current Affairs. At the time he published using a pseudonym, but he's now gone public with a cover story for a recent issue of The Nation, entitled "Confessions of a McKinsey Whistleblower," where he recounts observations of the firm's work for ICE and the Riker's Island jail. Garrison joins today to tell us what McKinsey is like on the inside: how it justifies serving odious clients, why young "idealists" are tempted to join it, and what goes wrong with the logic of "optimization."
The right-wing National Review's odd response to Garrison's piece is here. Our previous episode on the book When McKinsey Comes to Town provides useful context for today's episode.
We are now living with the consequences of the world McKinsey created. Market fundamentalism is the default mode for businesses and governments the world over. Abstraction and myth insulate actors from the atrocities they help perpetuate. Businesses that resisted the pressure to rationalize every decision based on its impact on shareholder value were beaten out or eaten up by those who shed the last remnants of their humanity. With another heavyweight on the side of management, McKinsey tipped the scale even further away from labor, contributing directly to the increase in wealth inequality plaguing the world. Governments are now more similar to the private sector and more reliant on their services. The “best and the brightest” devote themselves to client service instead of public service. — Garrison Lovely, "McKinsey & Co.: Capital's Willing Executioners."
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Several years ago, Garrison Lovely wrote an insider account of McKinsey & Co. for Current Affairs. At the time he published using a pseudonym, but he's now gone public with a cover story for a recent issue of The Nation, entitled "Confessions of a McKinsey Whistleblower," where he recounts observations of the firm's work for ICE and the Riker's Island jail. Garrison joins today to tell us what McKinsey is like on the inside: how it justifies serving odious clients, why young "idealists" are tempted to join it, and what goes wrong with the logic of "optimization."
The right-wing National Review's odd response to Garrison's piece is here. Our previous episode on the book When McKinsey Comes to Town provides useful context for today's episode.
We are now living with the consequences of the world McKinsey created. Market fundamentalism is the default mode for businesses and governments the world over. Abstraction and myth insulate actors from the atrocities they help perpetuate. Businesses that resisted the pressure to rationalize every decision based on its impact on shareholder value were beaten out or eaten up by those who shed the last remnants of their humanity. With another heavyweight on the side of management, McKinsey tipped the scale even further away from labor, contributing directly to the increase in wealth inequality plaguing the world. Governments are now more similar to the private sector and more reliant on their services. The “best and the brightest” devote themselves to client service instead of public service. — Garrison Lovely, "McKinsey & Co.: Capital's Willing Executioners."
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