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Mike Moschos's avatar

Well written!

RE: The Managerial Revolution, it turns out that its sort of bunk in a huge way. His assertion of uniformity in an identifiable managerial class across the USA is more closer to the truth now, but still off from where he seems to place it, but it was certainly way off at the time he wrote it. When he wrote that, the USA still had huge sectoral and structural diversity and didnt have the homogeneity he thinks he did, not even by a hundred miles did it have it. Management practices varied by alot between the giants like GM, many of which which did put themselves under intensive bureaucratic hierarchies, but mid sized (but they can still be pretty big) and smaller firms (and we had a lot more of both back then) variegated widely. And back then there was a lot more regional variation in these types of things as well

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