The New Industrial System

The New Industrial System

Author: Hermann Levy

Publisher: Routledge

Published: 2018-01-12

Total Pages: 309

ISBN-13: 1351246607

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This book, first published in 1936, analyses the then-recent phenomenon of industrial combination. Concentration was new. Industrial combination was new. The interlocking of finances was new. The role of banks in regard to industry was new. The domination of financial capital over large sectors of industry was new. The author examines the new industrial system as it was, on the cusp of new world-economic conditions, resulting from and manifesting themselves in a revolution in transport, the creation of concentrated mass supply and mass demand, changes in the distribution of raw material supplies and the adaption of the technical and economic structure of the industrial unit to these new conditions.


Marshall, Marshallians and Industrial Economics

Marshall, Marshallians and Industrial Economics

Author: Tiziano Raffaelli

Publisher: Routledge

Published: 2011-03-28

Total Pages: 400

ISBN-13: 1136841822

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The four sections of the book deal in succession with Marshall’s key ideas on the subject, the wider context of his thought in which they are to be read, their later development by some of his pupils, and their revival in contemporary economics. The first and last sections work together to illustrate the evolutionary focus of Marshall’s research program and to identify its affinity with modern industrial economics; the second explicates the social assumptions within which the Marshallian paradigm was embedded, in particular those relating to the various relationships that exist between individuals and wider groups; while the third traces the development of Marshall’s views by some of his pupils.