By Charles Perrow
ISBN-10: 069108954X
ISBN-13: 9780691089546
You'll by no means have given a moment concept to the very life of the Fortune 500, yet writer and educational Charles Perrow has. during this eye-opening sociological account, he argues that the large corporations that dominate modern day company global within the usa may were unthinkable to the nation's Founding Fathers, who seen centralized cash and tool with nice suspicion. Perrow's interesting research issues out the significance of massive enterprises in shaping American society. but for all his sweeping - and well-reasoned - arguments, Perrow focuses purely on a few decreased industries. nonetheless, this interesting paintings is a crucial learn for liable company voters. we propose this social background to these leaders who wish American enterprises to be greater than profit-making machines.
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Additional resources for Organizing America: Wealth, Power, and the Origins of Corporate Capitalism
Sample text
Three basic socioeconomic forms. for chickens, loan of equipment, and so forth. Still other goods and services, generally few in quantity, are obtained from the village store or from the few artisans and tradesmen, often with payment in kind. There is a marketplace, as there has always been in human history, but there is little market economy. There is also only a short hierarchy: patriarchal authority in each farm, village elders, one or two officials. Productivity is low, so is the standard of living, and so is the accumulation of wealth.
Indeed, as we shall see, the instability of partnerships, through death or withdrawal of the partners, gave the Philadelphia textile industry its distinctive character, in contrast to the textile industry of the Boston Associates, which enjoyed the legal privileges of the new instrument of corporate organization. A corporation, an entity of indefinite duration and with all the legal rights of an individual, was initially seen as such a powerful tool that one could be chartered only by special legislative acts.
Home spinners of thread, who would be hurt, were, of course, not organized. Thus interests appear to be more salient than culture. Anti-incorporation efforts were broad-based, though, and not just tied to the specific interests of, say, bakers. They were a central plank of the various Workingmen’s parties that appeared in the late 1820s (Wilentz 1984, 172–216) and the plank went down with those parties in the panic of 1837, as did much else that we will be considering. The multiplication of private corporations that required no representation of the public interest was a highly contested issue.
Organizing America: Wealth, Power, and the Origins of Corporate Capitalism by Charles Perrow
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