COLOSSUS HOW THE CORPORATION CHANGED AMERICA R O A D W A Y B O O K S / N E W Y O R K
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1 COLOSSUS HOW THE CORPORATION CHANGED AMERICA JACK BEATTY R O A D W A Y B O O K S / N E W Y O R K
2 CONTENTS Preface xiii PART I: THE CORPORATE FOUNDATIONS OF AMERICA Introduction 3 "Of a Huge and Unknown Greatness" The Calvinist Strain 12 The Ethic of Prosperity, by Stephen Innes The Corporate Roots of American Government 17 From Corporation to Commonwealth, by Stephen Innes Economic Metabolism 23 The New England Merchants in the Seventeenth Century, by Bernard Bailyn Trafficking in Souls 33 The Slave Trade, by James B. Hedges The Case For and Against Incorporation 45 The Partnership Form of Organization: Its Popularity in Early-Nineteenth-Century Boston, by Naomi R. Lamoreaux
3 VIII Legacies 54 The Revolution and the Corporation, by Jack Beatty PART II: A MAGICIAN'S ROD The (Slow) Conquest of American Space 59 Toward Scale and Scope, hy Jack Beatty Women and Children First 65 The Boston Manufacturing Company, by Thomas Dublin A Business Utopia? 75 Charles Dickens on the Mill Girls of Lowell The Courts and the Corporation 82 Charles Rivet Bridge v. Warren Bridge, 1837 from the opinion of Roger B. Taney, Chief Justice, U.S. Supreme Court The Machine in the Garden 89 The American System of Manufacturing, by Jack Beatty America on Track 92 The Railroads: The First Modern Business Enterprises, 1850s 1860s, by Alfred D. Chandler, Jr. The Debt 113 Slave Labor and the Southern Railroads, by Jack Beatty Omnipotent Without Violence 120 The Civil War and the Sears Roebuck Catalog, by Jack Beatty PART III: THE AGE OF INCORPORATION "The Outstanding Fact of Modern Life" 127 A Riot of Individualistic Materialism, by Jack Beatty
4 IX Tarbell's Revenge 141 Story of a Great Monopoly, by Henry Demarest Lloyd A Second Opinion 158 The Prospering Fathers, by Paul Johnson "Organize or Perish!" 168 Bloody Homestead by Jack Beatty PR 177 AT&T: The Vision of a Loved Monopoly, by Roland Marchand Taylorism 206 The Cinderella of Occupations: Managing the Work of Department Store Saleswomen, , by Susan Porter Benson "Like trying to screw an elephant" 223 Ford vs. GM, by Richard S.Tedlow The Twenties 256 The Business of America, by Jack Beatty PART IV: RUST TO ROOM The American High 263 Oligopoly's Golden Age, by George David Smith and Davis Dyer The Corporate Surround 270 The Modern Corporation and Private Property, by A. A. Berle and Gardiner C. Means The Monster 279 From The Grapes of Wrath, by John Steinbeck Washington Inc. 290 The Military-Industrial Complex, by Jack Beatty
5 X The Scientific-Industrial Complex 295 Making "R" Yield "D": The IBM Labs, by Robert Buderi Office Politics 319 "The Office in Which I Work." by Joseph Heller Company Men 338 The Other-Directed Round of Life, hy David Riesman What Price Success? 350 From The Man in the Bray Flannel Suit, by Sloan Wilson Vision and the Bottom Line 355 More Than Profits, by James C. Collins and Jerry I. Porras PART V: UNBUNDLED U-Turn 375 The Crisis of the American Corporation, by George David Smith and Davis Dyer Blame the Harvard Business School 383 Managing Our Way to Economic Decline, by Robert H. Hayes and William J. Abernathy Management's Worst Hour 395 The Hostile Takeover and Its Discontents, by Peter F. Drucker Betrayal 403 Reckoning at Safeway, by Susan C. Faludi Polluting the Culture 429 The War on Time Warner, by Paul Alexander Women in a Man's World 441 Giving at the Office, by Arlie Russell Hochschild Minority Report 460 What Blacks Think of Corporate America, by Shelly Branch
6 XI Social Responsibility 467 The Corporation and Society, by Marina v.n. Whitman Is Democracy Catching Up to Capitalism? 485 A Sea of Troubles, by Jack Beatty Notes 491 Acknowledgments 501
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