The Corporation and the Twentieth Century

In The Corporation and the Twentieth Century, Richard Langlois provides a nuanced reassessment of the rise and decline of managerialism in the United States, exploring how its prominence was shaped by the economic context of the era. He argues that managerialism was valued not for its inherent superiority but for its role in supporting a rapidly developing economy, and he examines the eventual resurgence of entrepreneurial and market-driven organization modes. This comprehensive account offers insights into the historical shifts that continue to influence contemporary debates on industry and corporate policy.