Western Union and the Creation of the American Corporate Order, 1845-1893
Author | : | |
Rating | : | 4.68 (755 Votes) |
Asin | : | 1107480906 |
Format Type | : | paperback |
Number of Pages | : | 318 Pages |
Publish Date | : | 2016-02-05 |
Language | : | English |
DESCRIPTION:
"Another "Robber Barons" book" according to Bob .P.. A long read, but interesting about yht rise and fall of Wester Union. Tough to follow the names of the many men involved, but obviously the author did a tremendous amount of research. It ells a story of what happens when you are at the top of the heapbut don't pay attention to new technology (in tnis case, the telephone)
Joshua D. Wolff completed a Ph.D. . in history at Columbia University, where he has also served as a lecturer in history. He is an associate for a global management consulting firm
He demonstrates that the rise of Western Union cemented the corporate order that characterized economic life in the late nineteenth century and afterward. Spanning the ages of proprietary and corporate capitalism, his study uncovers the origins of our own sped-up world of global communications. Wolff's Western Union and the Creation of the American Corporate Order, 1845-1893 presents a meticulous account of the birth of big business in America. "Joshua Wolff presents a thoroughly researched, deftly argued,
Western Union's monopoly was not the result of market logic or a managerial revolution, but the conscious creation of entrepreneurs protecting their investments. The telegraph debate reveals that what we understand as the normative relationship between private capital and public interest is the product of a historical process that was neither inevitable nor uncontested. In the process, these entrepreneurs elevated economic liberalism above traditional republican principles of public interest and helped create a new corporate order.. The battles that raged over Western Union's monopoly on 19th century American telecommunications - in Congress, in courts, and in the press - illuminate the fierce tensions over the rising power of corporations after the Civil War and