The book begins with a penetrating analysis of the main features of today's capitalism and in particular the conflict between shareholders and managers. It moves on to focus on the consequences of globalization in the decision-making processes of large corporations and represents an important...

Frontmatter -- Contents -- Foreword -- Acknowledgments -- Introduction -- Clarence Edwin Ayres: An Intellectual's Portrait -- Clarence Ayres's Place in the History of American Economics: An Interim Assessment -- C. E. Ayres on the Industrial Revolution -- Clarence Ayres and the Roots of Economic...