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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solidified their dominance only because the century’s great catastrophes of war, depression, and war again superseded markets, scrambled relative prices, and weakened market-supporting institutions.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.
Deep and detailed research into the workings of corporate enables Professor Herman to throw considerable light on how the board of directors operates, how important outside directors are, how new members are selected, and how multiple directorships interlock the large corporations. Throughout the book the author contrasts the power of the managers with that of other interest groups - bankers, family - and he concludes that power lies with the managers. But this has not changed the basic objectives of the corporation - the pursuit of growth and profits - nor has it enhanced social responsibility. After thorough investigation Edward Herman concludes that government regulation has done surprisingly little to reduce the autonomy of the corporation. Just as the influence of bankers and investors has been resisted, so has the effect of regulation. Improved communications and controls, geographic dispersion, and the enhanced adaptability and mobility of the large corporation have all played a part in maintaining corporate power and managerial control. Corporate Control, Corporate Power will be essential reading for executives, policy makers, regulators, and all those concerned to make the corporation more responsible and accountable.
In this first paperback edition, Solomon, a screenwriter/story editor who co-authored The Films of Twentieth-Century Fox and produced the television show That's Hollywood, reruns his history of management in the boom and bust years of this major motion picture company. Includes a photo of founder/producer Darryl F. Zanuck; the introduction to the original edition; and data on the studio's hit movies, film rentals, and production costs. Annotation copyrighted by Book News, Inc., Portland, OR
The Corporate Rich and the Power Elite in the Twentieth Century demonstrates exactly how the corporate rich developed and implemented the policies and created the government structures that allowed them to dominate the United States. The book is framed within three historical developments that have made this domination possible: the rise and fall of the union movement, the initiation and subsequent limitation of government social-benefit programs, and the postwar expansion of international trade. The book’s deep exploration into the various methods the corporate rich used to centralize power corrects major empirical misunderstandings concerning all three issue-areas. Further, it explains why the three ascendant theories of power in the early twenty-first century—interest-group pluralism, organizational state theory, and historical institutionalism—cannot account for the complexity of events that established the power elite’s supremacy and led to labor’s fall. More generally, and convincingly, the analysis reveals how a corporate-financed policy-planning network, consisting of foundations, think tanks, and policy-discussion groups, gradually developed in the twentieth century and played a pivotal role in all three issue-areas. Filled with new archival findings and commanding detail, this book offers readers a remarkable look into the nature of power in America during the twentieth century, and provides a starting point for future in-depth analyses of corporate power in the current century.
This study analyzes the influence of big business on the economic, political, and social structure of twentieth-century America. The author examines the development of a mass production and consumption economy and argues that the corporation became a key institutional force in the United States.
In the parade of highlights with which many have tried to sum up the twentieth century, the overarching patterns and fundamental transformations often fail to come into focus. The Columbia History of the 20th Century, however, is much more than a chronicle of the previous century's front-page news. Instead, the book is a series of twenty-three linked interpretive essays on the most significant developments in modern times--ranging from athletics to art, the economy to the environment. Rather than presenting a linear narrative, each author uncovers patterns of worldwide change. James Mayall, for example, writes on nationalism from the rise of European fascism to the rise of Asian and African nations; Sheila Fitzpatrick traces the history of communism and socialism in Moscow and Havana. In her chapter on women and gender, Rosalind Rosenberg covers the progress of women's rights throughout the world, from Middle Eastern activism to the American feminist movement. Jean-Marc Ran Oppenheim's history of sports traces the spread of Western sports to all corners of the globe and the West's appropriation of such activities as martial arts. In each, the important strands of history--events, ideas, leading figures, issues--come together to offer an illuminating look at cultural connection, diffusion, and conflict, showing in stark relief how this period has been unlike any preceding era of human history.
Mandell examines the growth of corporate welfare programs around the turn of the 20th century. She argues that businessmen hoped such programs would transform conflict-ridden relations between management and labor into a harmonious partnership modeled after the Victorian family.
Traditonal western forms of corporate organization have been called into question by the success of Japanese keiretsu. Firms, Markets and Economic Change draws on industrial economics, business strategy, and economic history to develop an evolutionary model to show when innovation is best undertaken. The authors argue that innovation is a complex p