Page of

Afterword

Afterword

Anonymous History

Chapter:
(p.277) Afterword
Source:
Capitalism Takes Command
Author(s):
Jean-Christophe Agnew
Publisher:
University of Chicago Press
DOI:10.7208/chicago/9780226977997.003.0012

This book has explored how capitalism took command in America’s long nineteenth century in invisible and anonymous fashion. Corporations emerged in the latter half of the century, along with the strategy and structures devised by their newly created managerial class to reorganize and rationalize resource, labor, and distributive markets. This “managerial revolution” was also largely anonymous and invisible. The contributions to this book converge to provide an insight into what might be called the Great Collateralization to refer to the multitude of legal and commercial instruments that helped the United States make the transition from a mosaic of familial, proprietary, and conspicuously “landed” capitalisms to a national system of industrial capitalism. In this process, bankers and brokers, attorneys and accountants, together with their clerks, all played key roles.

Keywords:   capitalism, America, corporations, managerial revolution, Great Collateralization, bankers, brokers, attorneys, accountants, clerks

Sign In

Copyright © 2021. All rights reserved.
Privacy Policy and Legal Notice