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The role of large-scale business enterprise—big business and its managers—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 “invisible hand” 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.
The role of large-scale business enterprise—big business and its managers—during the formative years of modern capitalism (1850s–1920s) is delineated in this pathmarking book. Alfred Chandler, Jr., sets forth the reasons for the dominance of big business in American transportation, communications, and central sectors of production and distribution.
Rutherford traces its original settler and earliest history to a 17th-century Dutch family, one of the first to arrive in the nascent colony of New Netherland. Throughout the next 12 generations, this family joined thousands of others to create a quaint oasis just beyond New York City. In 1835, the sleepy farm village greeted the arrival of one of America's first railroads with wonder and anticipation. The long history of Rutherford is rich with pioneers in government, education, the arts, medicine, and commerce. In the 1880s, a local attorney sparked a revolution in municipal government just as a young boy, William Carlos Williams, began his journey to become a beloved world-class poet. Rutherford is home to the oldest real estate business in the country as well as the cradle of one of the world's premier medical supply companies and New Jersey's largest private university. Beyond its extraordinary advances, Rutherford schools, churches, civic buildings, historic downtown, and simple homes nurtured a citizenry who wove a colorful quilt of social history and hometown dreams.
Donnybrook is one of the most iconic areas of South Dublin, a prosperous and peaceful suburb that is well-known as the being the heartland of Leinster Rugby. It derived its name, however, from the violence and carousing that were a regular feature of the area in the 1800s, and this book tells the story of the development and the journey from these inauspicious beginnings to its current form through a series of rare and beautifully produced photographs.
The readings collected in these four volumes examine the evolution, operation, and performance of the American corporate enterprise, and the American corporate economy more generally. Divided into seven sections, many of the readings provide broad overviews of the evolution of the US corporate enterprise, while others contribute to debates on its role in the evolution of American economy and society. The material is arranged thematically to help the reader navigate the field. There is also a new introduction and a thorough index, making this set an invaluable resource for both academics and practitioners in the field.