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Welfare Policy in German Big Business after the First World War: Vereinigte Stahlwerke AG, 1926-33

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  • Susanne Hilger

Abstract

According to A.D. Chandler, Jr, the rise of organisational capabilities in German enterprises was decisive for the international economic success of the German Reich before 1914. This article deals with the changes in the organisational structures of enterprises through concentration and diversification and their consequences for welfare policy in German industry. The central question is to what extent the changing organisational structures affected the quality and quantity of welfare provided by companies. The interactions between welfare policy and organisation can be illustrated by the Vereinigte Stahlwerke AG (VSt), the world's second largest iron and steel combine, next to US Steel, in the first half of the twentieth century. After a survey of the traditions of business welfare in Germany since the early nineteenth century, important aspects of industrial welfare policy, such as health insurance, company stores and housing, are analysed in the context of the VSt's organisational development between 1926 and 1933.

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  • Susanne Hilger, 1998. "Welfare Policy in German Big Business after the First World War: Vereinigte Stahlwerke AG, 1926-33," Business History, Taylor & Francis Journals, vol. 40(1), pages 50-76.
    • Handle: RePEc:taf:bushst:v:40:y:1998:i:1:p:50-76
    DOI: 10.1080/00076799800000120
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    Cited by:

    1. Poul F. Kjaer, 2019. "The Transnational Constitution of Europe's Social Market Economies: A Question of Constitutional Imbalances?," Journal of Common Market Studies, Wiley Blackwell, vol. 57(1), pages 143-158, January.

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