- Joe O’Mahoney
- and Calvert Markham
This chapter provides an overview of critical themes that give a deeper understanding and analysis of consultancy as a political and sociological phenomenon. It explains the history and importance of critical thinking and the role of consultants in developing the knowledge economy. It also assesses the extent to which consultants can be described as innovators and describes the professionalization of the consulting industry. The chapter explores the relationship between consultancy and the risks inherent in modern capitalism, including approaches academics have taken to explaining consulting identities. It considers consultancy as a contributor to the spread of neo-liberal forms of capitalism.