Gardiner C. Means: Corporal

Gardiner C. Means was American economist. Explore interesting quotes on corporal.

Gardiner C. Means: 18 quotes 0 likes

“We now have single corporate enterprises employing hundreds of thousands of workers, having hundreds of thousands of stockholders, using billions of dollars' worth of the instruments of production, serving millions of customers, and controlled by a single management group. These are great collectives of enterprise, and a system composed of them might well be called "collective capitalism."”

Gardiner C. Means

Source: The Corporate Revolution in America, 1957, p. 288

“Earlier writers have recognized that economic activity is only in part trading and that the element of administration enters in, but they have tended to minimize this administrative aspect. The modern corporation has not only increased this aspect by bringing a greater part of economic activity within the administrative limits of single units, has altered the character of the market by making price not an outgrowth of trading but of administration.”

Gardiner C. Means

Source: The Corporate Revolution in America, 1957, p. 18

Parting

“The Modern Corporation has undermined the preconceptions of classic economic theory as effectively as the quantum undermined classic physics at the beginning of the 20th century.”

Gardiner C. Means

Source: The Corporate Revolution in America, 1957, p. 287