The topic of managerialism has in recent years received significant attention in the critical management studies field. However, this paper proposes that there are largely unrecognized conceptual disagreements hampering progress in understanding the nature of managerialist influence at work and in society in general, and in developing political strategies to combat the negative effects of managerialist ideology in those domains. The 'expansive' view presents managerialism as a sweeping hegemonic force that dominates society, whereas the 'focused' view argues for a much more limited scope of influence and focuses on a more empirical view of managerialism's effects. The purpose of this paper is to argue for the existence of these two points of view, to describe their differences, and also common ground between them that can constitute the basis for productive engagement between them that might lead to a critical perspective on managerialism that will help further CMS's emancipatory mission.