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College of Business: Faculty Publications

Series

1992

Articles 1 - 2 of 2

Full-Text Articles in Business

Caste, Class, And Social Change: An Institutionalist Perspective, Ann Mari May Jun 1992

Caste, Class, And Social Change: An Institutionalist Perspective, Ann Mari May

College of Business: Faculty Publications

When Gunnar Myrdal visited the United States in 1929, he was struck by the extremes of poverty and wealth that existed at the onset of the Great Depression and perplexed by the seeming lack of "class struggle" or "class consciousness" [Jackson 1990,63- 651. Addressing an audience in Geneva, Myrdal later remarked that "patriotic conservatism, capitalist Americanism, spiced with hate and contempt for 'European' subversive dogmas, are not only Main Street's petit bourgeois froth and triumph, but also the slum's compensation for a sad and wretched daily life" 11931, 205- 61. In this speech, Myrdal identified the almost "religious nature" with …


Overlap Of Organizations: Corporate Transorganization And Veblen's Thesis On Higher Education, F. Gregory Hayden Mar 1992

Overlap Of Organizations: Corporate Transorganization And Veblen's Thesis On Higher Education, F. Gregory Hayden

College of Business: Faculty Publications

This article is built upon the legacy from three of Thorstein Veblen's theories. The first may be best summarized by Martin Gellen who wrote:
Veblen was the first economist to recognize that management was an important factor of production in modem business enterprise, and nowhere was this more evident than in the rise of the large corporation. ... These new enterprises took over from the market the coordination and integration of the flow of goods and services all the way from the production of the raw materials through the several processes of production to the sale of the ultimate consumer. …