The visible hand: the managerial revolution in American business

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The visible hand: the managerial revolution in American business

By Alfred Dupont Chandler

More book information

Title	The visible hand: the managerial revolution in American business History e-book project
Author	Alfred Dupont Chandler
Edition
Publisher	Harvard University Press, 1977
ISBN	0674940520, 9780674940529
Length	608 pages
Subjects	Business & Economics / Economic Conditions Business & Economics / Economics / General Business & Economics / General Business & Economics / Leadership Business & Economics / Management Business enterprises Business enterprises United States Management History Electronic books Empresas History / United States / General Industria Industrial management Industrial management - United States - History Industrial management/ United States/ History Industrial organization Industrial organization - United States - History Industrial organization United States History Industrial organization/ United States/ History Industries Industries - United States Industries United States Industries/ United States United States

Book overview

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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关键词：Revolution Managerial Evolution Business American Business The American Revolution Hand

ALFD D. CHANDLER, JR.
The Visible Hand
The Managerial Revolution
in American Business

The Belknap Press of
Harvard University Press

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