‘Theory X’ states that workers dislike work and try to avoid it. The function of management, therefore, is to force the employee to work, through coercion and threats of punishment. The main motivator for the worker is money. ‘Theory Y’ states that work is natural and can be a source of satisfaction, and that when it is the worker can be highly committed and motivated. How does Veblen’s argument in “The Instinct of Workmanship and the Irksomeness of Labor” compare and contrast with these two theories explain.

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Thorstein Veblens argument in The Instinct of Workmanship and the Irksomeness of Labor presents a di... View the full answer