The big change
America transforms itself, 1900-1950
by Frederick Lewis Allen · first published 1952
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A survey of major changes in American life and ideas during the first half of the twentieth century, focusing on economic expansion and its influence on the American standard of living, thinking, and citizenship.
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"The Big Change - America's Transformation 1900-1950" by Frederick Lewis Allen. It's a financial history of the first half of the 20th century. His other books are very good as well, "only yesterday", "since yesterday",…
on “Ask HN: What books changed the way you think about almost everything?” ↗America runs on managementism, not capitalism. It's been this way forever. Read this, "The Big Change" published in 1952 by Frederick Lewis Allen. http://gutenberg.net.au/ebooks05/0500881h.html Looking at this segment of American business, we would almost find it appropriate to call our present economic…
on “How Corporations Scam Their Shareholders and Screw over Workers” ↗…out... ...Looking at this segment of American business, we would almost find it appropriate to call our present economic system “managementism” rather than “capitalism.”." - Frederick Lewis Allen in "The Big Change: America Transforms itself 1900 - 1950"
on “Private Equity Wants in on the Bailout? Spare Me” ↗Over 60 years ago, Frederick Lewis Allen published "The Big Change". He noted that we do not live in a Capitalist Society, we live in a Managementist society. Capital is too often diced up and spread around so that it has no bearing on decisions and the "owner" has no…
on “Ending the cult of the CEO” ↗…things are run by owners of capital. Managementism is where the managers of companies run things because ownership has been diluted and ignored. This idea is from a book by Frederick Lewis Allen. "The Big Change", published 1952. http://gutenberg.net.au/ebooks05/0500881h.html " With potential opposition melting away through the sales exit, the management is very much in the saddle--and in most of these larger…
on “Why has college gotten so expensive in the last 30 years? A blank check in 1993” ↗In the book, “The Big Change” (1952), Frederick Allen talks about the year 1900, and (among many differences) he notes that for nearly everyone in the year 1900, the limits of their world rarely extended beyond their own town. We…
on “ChatGPT Search” ↗