Rise & fall US corporate giants transition from a capitalist to Managerial society
Reframing of US economic, institutional and intellectual history of the organisational transformation, from entrepreneurial to managerial capitalism, brought forth what became a dominant narrative, that administration coordination by trained professional managers is essential to the efficient running of organisation both public and private. In the pre-war decades America’s large multi-national corporations like General Motors were seen in Europe as the model for how big business should be run, as some people believed, would soon be ruling the world. Alhtough that of course did not happen, many of those once-admired corporates have not survived the destruction that swept through US business … Continue reading Rise & fall US corporate giants transition from a capitalist to Managerial society
