Managerial Capitalism in Retropsect [Hardback]by Robin Marris
PRINT ON DEMAND Description of Managerial Capitalism in RetropsectAn updated and edited version of Robin Marris' "The Economic Theory of Managerial Capitalism" (1964), an attempt by a professional economist to make a formal theory of the behaviour and growth of a large scale "managerial" corporation based on a realistic assessment of the sociological and institutional environment. The model determined the long run growth rates of individual firms on the basis of the financial and market environment on the one hand and the needs, interest and aspirations of both managers and shareholders on the other. Managers in particular were shown to trade desire for growth against fear of takeover. These features of modern capitalism mergers, takeovers and executive bonuses and the relationship between the growth of firms and the growth of the economy have become increasingly topical. This edition contains the original introduction along with reworked and updated coverage of the theoretical model, along with new chapters both of micro theory and assessing and responding to the debate which the book helped create.Title Information
Write a review of this book Customer Reviews from AmazonAbout Robin MarrisROBIN MARRIS is Professor Emeritus of Economics at Birkbeck College, London University. He was previously Professor of Economics and Head of Department at the University of Maryland, Reader in Economics at Cambridge University and Fellow and Director of Studies at King's College, Cambridge. His publications include How To Save the Underclass, Economic Arithmetic, The Economic Theory of Managerial Capitalism, The Economics of Capital Utilization, The Corporate Economy, The Corporate Society, and Reconstructing Keynesian Economics under Imperfect Competition, plus numerous articles in learned journals, magazines and newspapers. |
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