Skip to content

Due to scheduled maintenance, if purchasing is normally available on this site, it will not be available from Saturday 18th November 07:00 GMT until Sunday 19th November 15:00 GMT. We apologise for the inconvenience.

Your Cart

×

You have 0 items in your cart.

Register Sign in Wishlist
Business Organization and the Myth of the Market Economy

Business Organization and the Myth of the Market Economy

  • Date Published: August 1993
  • availability: Available
  • format: Paperback
  • isbn: 9780521447881

Paperback

Add to wishlist

Other available formats:
eBook


Looking for an inspection copy?

This title is not currently available on inspection

Description
Product filter button
Description
Contents
Resources
Courses
About the Authors
  • This book explains the transitions in twentieth-century industrial leadership from Britain to the United States and, most recently, to Japan, in terms of the changing business investment strategies and organizational structures in these nations. The author criticizes economists for failing to understand these historical changes. The book shows that this intellectual failure is not inherent in the discipline of economics; there are important traditions in economic thought that the mainstream of the economics profession has simply ignored.

    • Lazonick is regarded by business historians as their 'favorite' economist. His work brings high economic theory away from the ivory tower and tests it against the practical realities. Writing is accessible to the non-economist
    • Interdisciplinary interest - business historians, management specialists, economists, sociologists, political economists
    • Trendy, provocative, unorthodox economist - 'an intellectual hand grenade'. Criticizes economists for failing to understand the historical changes in the twentieth-century economy
    Read more

    Reviews & endorsements

    'Lazonick successfully marries economic theory to the history of technology and business organization … He then applies this blend of insights to contemporary issues of economic growth in Japan and relative decline in Britain and America. The result is a controversial but richly informative analysis - almost an intellectual hand grenade tossed into contemporary discussions. It is hard to think of another scholar who could match the combination of boldness, graceful writing, and intellectual challenge.' Thomas McCraw, Harvard University

    Customer reviews

    Not yet reviewed

    Be the first to review

    Review was not posted due to profanity

    ×

    , create a review

    (If you're not , sign out)

    Please enter the right captcha value
    Please enter a star rating.
    Your review must be a minimum of 12 words.

    How do you rate this item?

    ×

    Product details

    • Date Published: August 1993
    • format: Paperback
    • isbn: 9780521447881
    • length: 392 pages
    • dimensions: 229 x 152 x 22 mm
    • weight: 0.57kg
    • contains: 6 b/w illus.
    • availability: Available
  • Table of Contents

    Acknowledgments
    Introduction: the wealth of three nations
    Part I. Economic Institutions and Economic Performance:
    1. Business organization and competitive advantage
    2. Institutional foundations of industrial dominance and decline
    3. Organizations and markets in capitalist development
    Part II. Intellectual Foundations and Intellectual Constraints:
    4. The theory and history of capitalist development
    5. The making of the market mentality
    Part III. 'The Marvels of the Market' Versus 'The Visible Hand':
    6. The innovative business organization and transaction cost theory
    7. Lending the economic institutions of capitalism a visible hand
    Part IV. Overcoming Intellectual Constraints:
    8. Business organization and economic theory
    9. Rigor and relevance in economics.

  • Author

    William Lazonick, Barnard College, New York

Sign In

Please sign in to access your account

Cancel

Not already registered? Create an account now. ×

Sorry, this resource is locked

Please register or sign in to request access. If you are having problems accessing these resources please email lecturers@cambridge.org

Register Sign in
Please note that this file is password protected. You will be asked to input your password on the next screen.

» Proceed

You are now leaving the Cambridge University Press website. Your eBook purchase and download will be completed by our partner www.ebooks.com. Please see the permission section of the www.ebooks.com catalogue page for details of the print & copy limits on our eBooks.

Continue ×

Continue ×

Continue ×

Find content that relates to you

Are you sure you want to delete your account?

This cannot be undone.

Cancel

Thank you for your feedback which will help us improve our service.

If you requested a response, we will make sure to get back to you shortly.

×
Please fill in the required fields in your feedback submission.
×