Description: The Visible HandThe Managerial Revolution in American Business Author(s): Alfred D. Chandler Format: Paperback Publisher: Harvard University Press, United States Imprint: The Belknap Press ISBN-13: 9780674940529, 978-0674940529 Synopsis 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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Book Title: The Visible Hand
Number of Pages: 624 Pages
Publication Name: The Visible Hand: the Managerial Revolution in American Business
Language: English
Publisher: Harvard University Press
Item Height: 235 mm
Subject: Business
Publication Year: 1993
Type: Textbook
Item Weight: 785 g
Author: Alfred D. Chandler
Item Width: 162 mm
Format: Paperback
