Finance Capital in Chandlerian Capitalism

Abstract

Alfred Chandler wrote a great deal on finance capital in the development of big business. In making bold and provocative statements, he provided scholars with a variety of stimulating ideas. To a large extent, however, we still do not know whether Chandler’s assertions were correct. Ultimately, the value of revisiting Chandler’s research on finance capital in the rise of US big business is to understand how much research needs to be done and the questions it needs to address.