Organization and Technology in Capitalist DevelopmentFor more than 20 years, William Lazonick has been one of the world's leading analysts of the dynamics of industrial development and change in international economic leadership. This impressive volume presents a coherent selection of Professor Lazonick's most important work on industrial development in Britain and the United States. The first part of the book contains articles on the decline of the British economy, including a recent summary of the debates on the British cotton textile industry and international competition. The second part focuses on labour, management and technology in the rise and recent decline of the US economy, and includes an up-to-date summary essay on organizational capabilities in American industry. Professor Lazonick's essays make historical analysis relevant to the present and put economic analysis back in touch with evolving reality. This approach, together with his unique combination of historical, statistical and theoretical methodologies, will ensure that this volume proves invaluable to economists and historians alike. |
Contents
Factor Costs and the Diffusion of Ring Spinning in Britain prior | 20 |
The Decline | 41 |
The British Cotton Industry and International Competitive | 83 |
Copyright | |
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Common terms and phrases
agerial American analysis argued automatic loom blue-collar workers bobbins Britain British cotton industry British Economy British industry Cambridge capital capitalist cent constraints coordination corporate COTTON AND INTERNATIONAL cotton textile industry counts decades decline dominant Economic History effort enterprise entrepreneurial exports fixed costs Harvard University higher education HORNDAL EFFECT impact incentives increase innovation INTERNATIONAL COMPETITIVE ADVANTAGE interwar period investments Irish Japan Japanese cotton Journal of Economic labor Lancashire Cotton Lancashire's Lars Sandberg Lazonick learning-by-doing levels main weaveroom management development managerial structure managerial surplus manufacturing Mass McCloskey neoclassical neoclassical economics nineteenth century organization organizational capabilities output percent period personnel rational relations relative ring spindles ring spinning ring yarn ring-frame rings and mules Sandberg Saxonhouse and Wright shop-floor workers skills social specialists spindles spinners spinning and weaving staple strategy supply sustained competitive advantage technical technological change twentieth century Unilever value-created variable vertical integration wage weaver weft Yankee