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Every day our economy grows more and more unlike the one we used to know. Twenty years ago, best-selling economist John Kenneth Galbraith predicted that America's giant corporations would dominate world markets through integration and long-term planning. But the Fortune 500 took a beating and became the prime targets for the headlines of the 1980s: bailout, divestiture, takeover, and collapse. John Case, author of Understanding Inflation, looks beyond the headlines and the economic theories and shows there is an important and encouraging transformation taking place. The Fortune 500 employed 3.5 million fewer workers in 1990 than in 1980, but new companies--smaller, more maneuverable, and definitely entrepreneurial--have emerged and are growing. The center of gravity in the American economy is shifting. In the least and most likely places, John Case discovers the real people and real businesses that are setting a bold course for our economic future: innovators exploring the niches the bigger companies couldn't risk going into, and suppliers filling the gaps the bigger companies had given up on. The signs of entrepreneurial regrowth are widespread: from Kennedy Die Castings, a small

Author
Case, John
Publisher
Simon & Schuster, Incorporated
Published
1992
Language
EN
ISBN
9780671683085
Subjects
Economics, Management, Business

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