Narrating the Rise of Big Business in the USA: How economists explain standard oil and Wal-Mart [NOOK Book]

Overview

This is a story about stories and specifically about some of the stories that Americans have told themselves about corporate economic power. In this book, Anne Mayhew focuses on the stories surrounding the creation of Standard Oil and Wal-Mart and their founders , John D. Rockefeller and Sam Walton, combining the accounts of economists with the somewhat darker pictures painted by writers of fiction to tease ...

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Narrating the Rise of Big Business in the USA: How economists explain standard oil and Wal-Mart

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Overview

This is a story about stories and specifically about some of the stories that Americans have told themselves about corporate economic power. In this book, Anne Mayhew focuses on the stories surrounding the creation of Standard Oil and Wal-Mart and their founders , John D. Rockefeller and Sam Walton, combining the accounts of economists with the somewhat darker pictures painted by writers of fiction to tease out the overarching narratives associated with American big business.



Mayhew argues that the diverse views about big business and its effects of welfare can be reconciled and better policies derived from a somewhat unlikely combination of ideas from the business world and from those who have dissented from the most widely accepted story told by economists. This book draws on the work of Chandler, Coase and Williamson, as well as Marx and Veblen's discussion of supply chains to address some of the major social and economics problems of the twenty-first century.

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Product Details

Table of Contents

1 Introduction 1

2 The agreed upon stories 11

3 Popular accounts and wider contexts 30

4 Economists, trusts, and big business 60

5 Alternative stories 79

6 Supply chains and M[implies]C[implies]C'[implies]M' 104

7 Toward relevance 132

Notes 149

Bibliography 168

Index 179

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