Against Whig History

Naomi R. Lamoreaux, Daniel M. G. Raff and Peter Temin

Enterprise & Society, 2004, vol. 5, issue 3, 376-387

Abstract: By the end of the twentieth century, it had become clear that the grand synthesis laid out by Alfred D. Chandler, Jr., in The Visible Hand, Scale and Scope, and other writings was badly in need of revision. It was in need of revision because the type of enterprise that Chandler took to be the acme of capitalist economic organization–the large, vertically integrated, horizontally diversified, managerially directed corporation–was clearly in retreat. This development cast into doubt not only the substantive content of Chandler’s interpretation but also its methodological underpinnings.

Date: 2004
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