European Tribune - Comments - The Anglo Disease: regulation vs pay

The Anglo Disease: regulation vs pay | 23 comments (23 topical, 0 editorial, 0 hidden)

Re: The Anglo Disease: regulation vs pay (none / 0)

True. See Alfred D. Chandler's "The Visible Hand"

"Dieu se rit des hommes qui se plaignent des conséquences alors qu'ils en chérissent les causes" Jacques-Bénigne Bossuet

by Melanchthon on Fri Apr 10th, 2009 at 04:51:43 AM EST
[ Parent ]

Re: The Anglo Disease: regulation vs pay (none / 0)

But The Visible Hand refers to the period before the 1930's, not after the 1970's.

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith

by Migeru (migeru at eurotrib dot com) on Fri Apr 10th, 2009 at 05:02:00 AM EST
[ Parent ]

Re: The Anglo Disease: regulation vs pay (none / 0)

Yes, but the model developed by a few big companies before the 30's was extended to all the economic sectors/ sizes of companies during and following WWII, together with a huge development of modern manufacturing.

"Dieu se rit des hommes qui se plaignent des conséquences alors qu'ils en chérissent les causes" Jacques-Bénigne Bossuet

by Melanchthon on Fri Apr 10th, 2009 at 05:49:10 AM EST
[ Parent ]

The Anglo Disease: regulation vs pay | 23 comments (23 topical, 0 editorial, 0 hidden)

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