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Visible Hand

The Managerial Revolution in American Business

Language EnglishEnglish
Book Paperback
Book Visible Hand Alfred D. Chandler
Libristo code: 04636620
Publishers Harvard University Press, January 1993
The role of large-scale business enterprise big business and its managers during the formative years... Full description
? points 112 b
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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.

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About the book

Full name Visible Hand
Language English
Binding Book - Paperback
Date of issue 1993
Number of pages 624
EAN 9780674940529
ISBN 0674940520
Libristo code 04636620
Weight 892
Dimensions 160 x 232 x 31
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