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Business Organization and the Myth of the Market Economy

Author

Listed:
  • Lazonick,William

Abstract

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.

Suggested Citation

  • Lazonick,William, 1993. "Business Organization and the Myth of the Market Economy," Cambridge Books, Cambridge University Press, number 9780521447881.
  • Handle: RePEc:cup:cbooks:9780521447881
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    Cited by:

    1. Pradosh Nath, 2010. "Indian Software Industry: Distortions and Consolidations of Gains," Working Papers id:2779, eSocialSciences.
    2. Damian Grimshaw & Marcela Miozzo, 2021. "Human Capital and productivity: a call for new interdisciplinary research," Working Papers 006, The Productivity Institute.
    3. Uchida, Hirofumi & Yamada, Kazuo & Zazzaro, Alberto, 2023. "Management innovations in family firms after CEO successions: Evidence from Japanese SMEs," Japan and the World Economy, Elsevier, vol. 66(C).
    4. Hopkins, Michael M. & Crane, Philippa & Nightingale, Paul & Baden-Fuller, Charles, 2019. "Moving from non-interventionism to industrial strategy: The roles of tentative and definitive governance in support of the UK biotech sector," Research Policy, Elsevier, vol. 48(5), pages 1113-1127.
    5. Naomi R. Lamoreaux & Daniel Raff, 1995. "Introduction: History and Theory in Search of One Another," NBER Chapters, in: Coordination and Information: Historical Perspectives on the Organization of Enterprise, pages 1-10, National Bureau of Economic Research, Inc.
    6. Luis Enrique Alonso, 2001. "New myths and old practices: postmodern management discourse and the decline of Fordist industrial relations," Transfer: European Review of Labour and Research, , vol. 7(2), pages 268-288, May.
    7. Kehong Li & Wenke Wang & Yadong Zhang & Tao Zheng & Jin Guo, 2019. "Game Modelling and Strategy Research on the System Dynamics–Based Quadruplicate Evolution for High–Speed Railway Operational Safety Supervision System," Sustainability, MDPI, vol. 11(5), pages 1-17, March.
    8. Jongseok Lee & Iain Clacher & Kevin Keasey, 2012. "Industrial policy as an engine of economic growth: A framework of analysis and evidence from South Korea (1960--96)," Business History, Taylor & Francis Journals, vol. 54(5), pages 713-740, December.
    9. Luigi Cerri, 2018. "Birth of the Modern Corporation: From Servant of the State to Semi†Sovereign Power," American Journal of Economics and Sociology, Wiley Blackwell, vol. 77(2), pages 239-277, March.
    10. Siepel, Josh & Nightingale, Paul, 2014. "Anglo-Saxon governance: Similarities, difference and outcomes in a financialised world," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 25(1), pages 27-35.
    11. Beniamino Callegari, 2018. "The finance/innovation nexus in Schumpeterian analysis: theory and application to the case of U.S. trustified capitalism," Journal of Evolutionary Economics, Springer, vol. 28(5), pages 1175-1198, December.
    12. Oana Ramona Lobont & Raul Purcarita & Sorana Vatavu & Florin Costea, 2021. "A Bibliometric Mapping of the Research Trends of Public Governance and Entrepreneurship Framework," Postmodern Openings, Editura Lumen, Department of Economics, vol. 12(1Sup1), pages 35-53, April.

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