Entrepreneurs and Capitalism since Luther

Entrepreneurs and Capitalism since Luther PDF Author: Ivan Light
Publisher: Rowman & Littlefield
ISBN: 1793621306
Category : Social Science
Languages : en
Pages : 181

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Book Description
In Entrepreneurs and Capitalism since Luther: Rediscovering the Moral Economy, Ivan Light and Léo-Paul Dana study the history of business, capitalism, and entrepreneurship to examine the values of social and cultural capital. Six chapters evaluate case studies that illustrate contrasting relationships between social networks, vocational culture, and entrepreneurship. Light and Dana argue that, in capitalism’s early stages, cultural capital is scarcer than social capital and therefore more crucial for business owners. Conversely, when capitalism is well established, social capital is scarcer than cultural capital and becomes more crucial. Light and Dana then trace moral legitimations of capitalism from the Reformation to the Enlightenment, the Gilded Age, and finally to Joseph Schumpeter whose concept of “creative destruction” freed elite entrepreneurs from moral restraints that encumber small business owners. After examining the availability of social and cultural capital in the contemporary United States, Light and Dana show that business owners’ social capital enforces conventional morality in markets, facilitating commerce and legitimating small businesses the old-fashioned way. As their networks become more isolated, elite entrepreneurs must claim and ultimately deliver successful results to earn public toleration of immoral or predatory conduct.

Entrepreneurs and Capitalism since Luther

Entrepreneurs and Capitalism since Luther PDF Author: Ivan Light
Publisher: Rowman & Littlefield
ISBN: 1793621306
Category : Social Science
Languages : en
Pages : 181

Get Book

Book Description
In Entrepreneurs and Capitalism since Luther: Rediscovering the Moral Economy, Ivan Light and Léo-Paul Dana study the history of business, capitalism, and entrepreneurship to examine the values of social and cultural capital. Six chapters evaluate case studies that illustrate contrasting relationships between social networks, vocational culture, and entrepreneurship. Light and Dana argue that, in capitalism’s early stages, cultural capital is scarcer than social capital and therefore more crucial for business owners. Conversely, when capitalism is well established, social capital is scarcer than cultural capital and becomes more crucial. Light and Dana then trace moral legitimations of capitalism from the Reformation to the Enlightenment, the Gilded Age, and finally to Joseph Schumpeter whose concept of “creative destruction” freed elite entrepreneurs from moral restraints that encumber small business owners. After examining the availability of social and cultural capital in the contemporary United States, Light and Dana show that business owners’ social capital enforces conventional morality in markets, facilitating commerce and legitimating small businesses the old-fashioned way. As their networks become more isolated, elite entrepreneurs must claim and ultimately deliver successful results to earn public toleration of immoral or predatory conduct.

Understanding Contexts Of Business In Western Asia: Land Of Bazaars And High-tech Booms

Understanding Contexts Of Business In Western Asia: Land Of Bazaars And High-tech Booms PDF Author: Leo-paul Dana
Publisher: World Scientific
ISBN: 9811229708
Category : Political Science
Languages : en
Pages : 573

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Book Description
Not one size fits all. Yet, some books teach business with minimal focus on the context for business. In reality, firms — large and small — are highly affected by the context in which they operate; yet, context is not uniformly conceptualized, theorized, and operationalized by scholars of business and management. While most theories have come from developed countries with bountiful contexts, the diverse contexts of Western Asia are little understood. Religious factors are profoundly dominant in Western Asia, and businesses in this diverse area operate with considerations that are rarely considered in research. This book reveals a variety of schools of thought that have molded several business models and mechanisms, which are, to some extent, different from the context of Western economies.

The History of Black Business in America

The History of Black Business in America PDF Author: Juliet E. K. Walker
Publisher: UNC Press Books
ISBN: 0807832413
Category : Business & Economics
Languages : en
Pages : 433

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Book Description
In this wide-ranging study Stephen Foster explores Puritanism in England and America from its roots in the Elizabethan era to the end of the seventeenth century. Focusing on Puritanism as a cultural and political phenomenon as well as a religious movement, Foster addresses parallel developments on both sides of the Atlantic and firmly embeds New England Puritanism within its English context. He provides not only an elaborate critque of current interpretations of Puritan ideology but also an original and insightful portrayal of its dynamism. According to Foster, Puritanism represented a loose and incomplete alliance of progressive Protestants, lay and clerical, aristocratic and humble, who never decided whether they were the vanguard or the remnant. Indeed, in Foster's analysis, changes in New England Puritanism after the first decades of settlement did not indicate secularization and decline but instead were part of a pattern of change, conflict, and accomodation that had begun in England. He views the Puritans' own claims of declension as partisan propositions in an internal controversy as old as the Puritan movement itself. The result of these stresses and adaptations, he argues, was continued vitality in American Puritanism during the second half of the seventeenth century. Foster draws insights from a broad range of souces in England and America, including sermons, diaries, spiritual autobiographies, and colony, town, and court records. Moreover, his presentation of the history of the English and American Puritan movements in tandem brings out the fatal flaws of the former as well as the modest but essential strengths of the latter.

De Gruyter Handbook of SME Entrepreneurship

De Gruyter Handbook of SME Entrepreneurship PDF Author: Marina Dabić
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 3110747723
Category : Business & Economics
Languages : en
Pages : 565

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Book Description
"A small business is not a little big business." Small- and medium-sized enterprises (SMEs) are considered the engines of worldwide economies and the main sources of job creation. Management in these companies is different from management in larger/older enterprises with their already established concepts and instruments. In view of the high importance of SMEs in emerging, developing and developed economies worldwide, the De Gruyter Handbook of SME Entrepreneurship investigates the underlying mechanisms and practices of management within these companies with a focus on entrepreneurship, growth and innovation. It argues that it is time for a dedicated theory of "SME Entrepreneurship" to emerge. Entrepreneurial thinking and behavior in SMEs must be differentiated from that of start-ups and large companies. On the other hand, it also explores the different entrepreneurship manifestations that exist within a widely heterogeneous group of SMEs. The handbook provides a theoretical framework in which to understand, compare and contrast the complexity of SMEs in both domestic and international processes and addresses the strengths, achievements, and challenges of entrepreneurship in SMEs.

Better Capitalism

Better Capitalism PDF Author: Robert E. Litan
Publisher: Yale University Press
ISBN: 0300146787
Category : Business & Economics
Languages : en
Pages : 275

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Book Description
Shows that, with wise and informed policymaking, the American entrepreneurial engine can rally and the true potential of the economy can be unlocked.

Capitalizing on Change

Capitalizing on Change PDF Author: Stanley Buder
Publisher: Univ of North Carolina Press
ISBN: 0807889806
Category : Business & Economics
Languages : en
Pages : 556

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Book Description
Americans love "this year's model," relying on the "new" to be always "improved." Enthusiasm for the new, says Stanley Buder, is essential to American business, where innovation and change stoke the engines of economic energy. To really understand the history of business in America, he argues, we must understand the intertwining dynamics of social and business values. In a history spanning over three hundred years, Buder examines the enveloping expansion of the market economy, the laggardly use of government to modify or control market forces, the rise of consumerism, the shifting role of small business, and much more. He concludes with the explosive development of business in the 1990s and its aftermath of crises and scandals. Along the way, he analyzes the ways American social values foster an entrepreneurial ethos and why the identification of change with progress provides a distinctive and provocative theme in American life. Buder studies American business as not only an engine of wealth accumulation but also an important generator and reflector of American values. Capitalizing on Change is the first full-length business history in recent years to make this relationship clear.

Yankee Don't Go Home!

Yankee Don't Go Home! PDF Author: Julio Moreno
Publisher: UNC Press Books
ISBN: 9780807854785
Category : History
Languages : en
Pages : 342

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Book Description
In the aftermath of the 1910 Mexican Revolution, Mexican and U.S. political leaders, business executives, and ordinary citizens shaped modern Mexico by making industrial capitalism the key to upward mobility into the middle class, material prosperity, and

The Capitalist & The Entrepreneur

The Capitalist & The Entrepreneur PDF Author: Peter G. Klein
Publisher: Ludwig von Mises Institute
ISBN: 1610165225
Category : Austrian school of economics
Languages : en
Pages : 261

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Book Description


Creating Modern Capitalism

Creating Modern Capitalism PDF Author: Thomas K. McCraw
Publisher: Harvard University Press
ISBN: 0674256204
Category : Business & Economics
Languages : en
Pages : 760

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Book Description
What explains the national economic success of the United States, Britain, Germany, and Japan? What can be learned from the long-term championship performances of leading business firms in each country? How important were specific innovations by individual entrepreneurs? And in the end, what is the true nature of capitalist development?The Pulitzer Prize–winning historian Thomas K. McCraw and his coauthors present penetrating answers to these questions. Creating Modern Capitalism is the first book to explain for a broad audience the interconnections among technological innovation, management science, the power of entrepreneurship, and national economic growth. The authors approach each question from a comparative framework and with a unique triple focus on national economic systems, particular companies, and individual business leaders.Above all, the book focuses on how specific entrepreneurs influenced the economic success of their countries: Josiah Wedgwood and Henry Royce in Britain; August Thyssen and Georg von Siemens in Germany; Henry Ford, Alfred Sloan, and the two Thomas J. Watsons in the United States; Sakichi Toyoda, Masatoshi Ito, and Toshifumi Suzuki in Japan.The product of a three-year collaborative effort at the Harvard Business School, the book combines cutting-edge scholarship with a finely tuned sense of the art of management. It will engage general readers as well as those with a special interest in entrepreneurship and the evolution of national business systems.

New Seeds of Profit

New Seeds of Profit PDF Author: Mark S. Ferrara
Publisher: Rowman & Littlefield
ISBN: 1498590233
Category : Political Science
Languages : en
Pages : 171

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Book Description
When Captain Christopher Newport and his crew landed on the muddy banks of the James River in 1607, after four months at sea, they aimed to establish a new colony not for God, or the greater good of humanity—but for the sake of profit. The Pilgrims who settled in Cape Cod in 1620 as agents of Plymouth Company found evidence of divine election in the fortunes they accumulated from a lucrative system of town-founding in the New World. The innovative and often ruthless entrepreneurs who followed these colonists carved out the immense North American frontier wilderness from the Atlantic Ocean to the golden sands of the California coast, and they forged industrial and technological revolutions that shook the world. New Seeds of Profit examines the role of business leaders, from George Washington to Donald Trump, in shaping the United States into a business nation unlike any other in world history. By tracing the influence of industry and commerce on American society through portraits of successful entrepreneurs, this book sheds light on the esteemed place Americans reserve for their wealthiest business leaders—and it measures the true cost of that adulation by demonstrating how enterprise driven solely by the bottom line imperils people and the environment. In a story teeming with the heroes and villains of enterprise, New Seeds of Profit offers an innovative business model that provides meaningful work to employees and socially responsible returns to investors, while encouraging sustainable stewardship of the earth and advancing the common good.