Langlois Richard N.
Langlois Richard N. - The Corporation And The Twentieth Century The History Of American Business Enterprise - Hardcover
Langlois Richard N. - The Corporation And The Twentieth Century The History Of American Business Enterprise - Hardcover
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Description: A definitive reframing of the economic institutional and intellectual history of the managerial era The twentieth century was the managerial century in the United States. An organizational transformation from entrepreneurial to managerial capitalism brought forth what became a dominant narrative: that administrative coordination by trained professional managers is essential to the efficient running of organizations both public and private. And yet if managerialism was the apotheosis of administrative efficiency why did both its practice and the accompanying narrative lie in ruins by the end of the century? In The Corporation and the Twentieth Century Richard Langlois offers an alternative version: a comprehensive and nuanced reframing and reassessment of the economic institutional and intellectual history of the managerial era. Langlois argues that managerialism rose to prominence not because of its inherent superiority but because of its contingent value in a young and rapidly developing American economy. The structures of managerialism solidified their dominance only because the century's great catastrophes of war depression and war again superseded markets scrambled relative prices and weakened market - supporting institutions. By the end of the twentieth century Langlois writes these market - supporting institutions had reemerged to shift advantage toward entrepreneurial and market - driven modes of organization. This magisterial new account of the rise and fall of managerialism holds significant implications for contemporary debates about industrial and antitrust policies and the role of the corporation in the twenty - first century.
Title: The Corporation And The Twentieth Century The History Of American Business Enterprise
Author(s): Langlois Richard N.
Publisher: Princeton University Press
Barcode: 9780691246987
Pages: 816 Pages
Publication Date: 6/27/2023
Category: Business Innovation
Description: A definitive reframing of the economic institutional and intellectual history of the managerial era The twentieth century was the managerial century in the United States. An organizational transformation from entrepreneurial to managerial capitalism brought forth what became a dominant narrative: that administrative coordination by trained professional managers is essential to the efficient running of organizations both public and private. And yet if managerialism was the apotheosis of administrative efficiency why did both its practice and the accompanying narrative lie in ruins by the end of the century? In The Corporation and the Twentieth Century Richard Langlois offers an alternative version: a comprehensive and nuanced reframing and reassessment of the economic institutional and intellectual history of the managerial era. Langlois argues that managerialism rose to prominence not because of its inherent superiority but because of its contingent value in a young and rapidly developing American economy. The structures of managerialism solidified their dominance only because the century's great catastrophes of war depression and war again superseded markets scrambled relative prices and weakened market - supporting institutions. By the end of the twentieth century Langlois writes these market - supporting institutions had reemerged to shift advantage toward entrepreneurial and market - driven modes of organization. This magisterial new account of the rise and fall of managerialism holds significant implications for contemporary debates about industrial and antitrust policies and the role of the corporation in the twenty - first century.
Title: The Corporation And The Twentieth Century The History Of American Business Enterprise
Author(s): Langlois Richard N.
Publisher: Princeton University Press
Barcode: 9780691246987
Pages: 816 Pages
Publication Date: 6/27/2023
Category: Business Innovation
