Board Room vs Basement
From Zanecorpwiki
Work in Progress; Just notes at the moment.
The 20th century was defined by big private business. The dominant assumption has always been that business grows and that the size of business would simply continue to grow, properly and naturally. This assumption is, however, circular in it's reasoning and is based primarily on the fact that business has grown.
The dominant, worldwide disposition is towards large business.
Why? Empirical, theoretical.
Factors
- resource allocation
- economy of scale
- value creation (rent vs. innovation); turning innovation into rents
Ideal Forms?
- active small; passive large (bureaucracy?)
- business activity vs. business infrastructure
Capitalism
To be sure, the capitalist movement of the late 19th and early 20th century made the theoretical proposition that private industry must amass capital on a new scale in order to marshal the resources to efficiently undertake large projects.
