The Visible Hand: The Managerial Revolution in American

The Visible Hand: The Managerial Revolution in American Business

The role of large-scale business enterpriseâ€•big business and its managersâ€•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 â€˜invisible handâ€™ 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.
Country USA
Brand Belknap Press
Manufacturer Belknap Press: An Imprint of Harvard University Press
Binding Paperback
ItemPartNumber 9780674940529
Color Paperback,
ReleaseDate 1993-01-01
UnitCount 1
EANs 9780674940529

Country	USA
Brand	Belknap Press
Manufacturer	Belknap Press: An Imprint of Harvard University Press
Binding	Paperback
ItemPartNumber	9780674940529
Color	Paperback,
ReleaseDate	1993-01-01
UnitCount	1
EANs	9780674940529

The Visible Hand: The Managerial Revolution in American Business