Volume 37, Number 15 · October 11, 1990
Three Faces of Capitalism
By Robert L. Heilbroner
Scale and Scope: The Dynamics of Industrial Capitalism
by Alfred D. Chandler Jr.
Harvard University Press, 860 pp., $35.00
Scale and Scope: The Dynamics of Industrial Capitalism is the culmination of Alfred Chandler's long and distinguished career as a business historian.[1] Chandler has never been interested in capitalism as an abstract economic order. He is interested in it as a social terrain in which business corporations, the central institutions of capitalism, carry on the internecine warfare we call competition. I use military terms because Chandler has always attributed corporate success primarily to superior arms and generalship, not to luck, monopoly, or the abuse of labor.
Review, 3167 words
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