The Visible Hand: The Managerial Revolution in American Business
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- Synopsis
-
The role of large-scale business enterpriseâe"big business and its managersâe"during the formative years of modern capitalism (from the 1850s until the 1920s) is delineated in this pathmarking book.
Alfred Chandler, Jr. , the distinguished business historian, sets forth the reasons for the dominance of big business in American transportation, communications, and the central sectors of production and distribution. The managerial revolution, presented here with force and conviction, is the story of how the visible hand of management replaced what Adam Smith called the âe~invisible handâe(tm) of market forces. Chandler shows that the fundamental shift toward managers running large enterprises exerted a far greater influence in determining size and concentration in American industry than other factors so often cited as critical: the quality of entrepreneurship, the availability of capital, or public policy.
Pulitzer Prize Winner
- Copyright:
- 1977
Book Details
- Book Quality:
- Publisher Quality
- ISBN-13:
- 9780674417694
- Related ISBNs:
- 9780674940529
- Publisher:
- The Belknap Press Of Harvard University Press
- Date of Addition:
- 03/07/14
- Copyrighted By:
- Alfred D. Chandler
- Adult content:
- No
- Language:
- English
- Has Image Descriptions:
- No
- Categories:
- Nonfiction, Business and Finance
- Submitted By:
- Bookshare Staff
- Usage Restrictions:
- This is a copyrighted book.