
Contents
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8.1 Introduction 8.1 Introduction
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8.2 Definitions, Concepts, and Issues 8.2 Definitions, Concepts, and Issues
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8.3 Big Business and the First Industrial Revolution 8.3 Big Business and the First Industrial Revolution
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8.4 Big Business and the Onset of the Second Industrial Revolution (1880–1914) 8.4 Big Business and the Onset of the Second Industrial Revolution (1880–1914)
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8.5 The Maturing of Big Business (1914–1960) 8.5 The Maturing of Big Business (1914–1960)
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8.6 New Challenges (1960–1990) 8.6 New Challenges (1960–1990)
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8.7 Big Business in Post‐Industrial Societies 8.7 Big Business in Post‐Industrial Societies
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8.8 Conclusions 8.8 Conclusions
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References References
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8 Big Business
Get accessYoussef Cassis is Professor of Economic and Social History at the University of Geneva, Switzerland, and a Visiting Fellow at the London School of Economics and Political Science. His publications include City Bankers 1890–1914 (Cambridge, 1994), Big Business: The European Experience in the Twentieth Century (Oxford, 1997), and Capitals of Capital: A History of International Financial Centres 1780–2005 (Cambridge, 2006). He was the co‐founder, in 1994, of Financial History Review, which he co‐edited until 2005. He is currently President of the European Business History Association.
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Published:02 September 2009
Cite
Abstract
Big business has been at the heart of business history from its very beginnings, whether as a mere literary genre; or, more seriously in the last half century, as an academic discipline. The Chandlerian paradigm has considerably reinforced this trend, with other approaches to the subject being largely marginalized. Interest in big business has not waned with the advent of the post-Chandler era and is unlikely to do so, given its crucial role in economic development; but this role has been put in proper perspective and alternative forms of business organization reappraised as part of modern societies rather than mere archaisms. This article concentrates on defining the notion of big business; on comparing the various stages and the specific context of its development, especially in the United States, the major economies of Western Europe, and Japan; and on briefly discussing the socio-political dimension of the phenomenon.
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