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Krupp: A History of the Legendary German Firm

Author

Listed:
  • Harold James

Abstract

The history of Krupp is the history of modern Germany. No company symbolized the best and worst of that history more than the famous steel and arms maker. In this book, Harold James tells the story of the Krupp family and its industrial empire between the early nineteenth century and the present, and analyzes its transition from a family business to one owned by a nonprofit foundation. Krupp founded a small steel mill in 1811, which established the basis for one of the largest and most important companies in the world by the end of the century. Famously loyal to its highly paid workers, it rejected an exclusive focus on profit, but the company also played a central role in the armament of Nazi Germany and the firm's head was convicted as a war criminal at Nuremberg. Yet after the war Krupp managed to rebuild itself and become a symbol of Germany once again--this time open, economically successful, and socially responsible. Books on Krupp tend to either denounce it as a diabolical enterprise or celebrate its technical ingenuity. In contrast, James presents a balanced account, showing that the owners felt ambivalent about the company's military connection even while becoming more and more entangled in Germany's aggressive politics during the imperial era and the Third Reich. By placing the story of Krupp and its owners in a wide context, James also provides new insights into the political, social, and economic history of modern Germany.

Suggested Citation

  • Harold James, 2012. "Krupp: A History of the Legendary German Firm," Economics Books, Princeton University Press, edition 1, number 9680.
  • Handle: RePEc:pup:pbooks:9680
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    Cited by:

    1. Christos Tsakas, 2021. "Growth Models and Core–Periphery Interactions in European Integration: The German–Greek Special Relationship in Historical Perspective," Journal of Common Market Studies, Wiley Blackwell, vol. 59(4), pages 945-962, July.
    2. Ordónez, Roberto Vinicio Posso, 2016. "Historia de la creación de la banca central latinoamericana -El pretérito es la base de un presente prominente-," Revista Tendencias, Universidad de Narino, vol. 17(2), pages 166-187, July.
    3. Alex Faria & Marcus Hemais, 2021. "Transmodernizing Management Historiographies of Consumerism for the Majority," Journal of Business Ethics, Springer, vol. 173(3), pages 447-465, October.
    4. Janusz Rybiński, 2021. "Wynalazki wykorzystywane w zarządzaniu przedsiębiorstwem w XIX i XX wieku," Nowoczesne Systemy Zarządzania. Modern Management Systems, Military University of Technology, Faculty of Security, Logistics and Management, Institute of Organization and Management, issue 3, pages 31-44.
    5. Chris Carr & Andrew Lorenz, 2014. "Robust strategies: lessons from GKN 1759-2013," Business History, Taylor & Francis Journals, vol. 56(7), pages 1169-1195, October.
    6. Srinivasan, Sunderasan & Reddy, Vamshi Krishna, 2016. "Towards a better understanding of renewable energy YieldCos," Renewable and Sustainable Energy Reviews, Elsevier, vol. 65(C), pages 154-163.

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