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Roy, William G. Socializing Capital: The Rise of the Large Industrial Corporation in America. Princeton,
N.J.: Princeton University Press, 1999.
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"Socializing Capital is a shining example of the `new economic sociology.'
Roy's question is bold because it challenges the economic orthodoxy that the modern
corporation arose because of its efficiency. His answer is creative because it weaves
together insights from power and institutional perspectives to revise the history
of the modern corporation."
--Frank Dobbin, Contemporary Sociology
"William G. Roy's ambitious book about the ascendancy of the large industrial
corporation in the United States sheds new light on a complex and timely subject....
Socializing Capital is a significant scholarly work, rich in detail, that
makes important contributions to the historical study of corporate power."
--Scott R. Bowman, American Journal of Sociology
"Richly detailed, this book builds on the significant work of historians, economists,
and social scientists who have dominated the field of business history for a generation
or more. It is a major contribution. . . . "
--Choice
"The first thoroughly sociological inquiry into the rise of corporate capitalism
I know of, and the most trenchant critique of the prevailing 'efficiency theorists'
we are likely to have for some time. The book abounds with stunning insights into
the rocky and highly contingent history of the industrial corporation, closely argued
and very well documented. These are laurels Roy can rest on for a long time after
this immense and exciting effort."
--Charles Perrow, Yale University
"Genuinely interesting, well-written, clear, forceful. I was most impressed with
the wealth of material that the author presented. Socializing Capital is a
story that deserves to be told, and it will receive a lot of attention."
--Mark S. Mizruchi, University of Michigan
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