Postmodern philosophy has had a profound effect on intellectuals throughout the world. Its influence has seeped into many fields other than philosophy including literature, psychology, sociology, political science, history, journalism and management. However, there is a debate within the intellectual community as to whether this influence has been beneficial or harmful with no resolution yet in sight. This book contributes to the debate within the field of management. The book includes four chapters by the most highly regarded pro postmodern scholars and an equal number of chapters by the most highly regarded anti postmodern scholars. Adding to the controversy is a final chapter which argues that Ayn Rand's philosophy of objectivism is the proper alternative to postmodernism.