Economy Sep 20 Column: Why you no longer need a venture capitalist to start a successful business The spread of the virtual corporation model was a boon for generic plug-and-play vendors who could assemble products and manage supply chains, ship goods to consumers and provide various business services. But once all of these components were available off-the-shelf,…
Economy Sep 19 Column: How lightweight enterprises are outperforming industry heavyweights A corporation was once a social institution, with a mission and members and boundaries that separated the inside from the outside. Today it is more like a webpage. Whereas Blockbuster had 83,000 employees and 9,000 physical stories at its height,…
Economy Sep 16 Column: When corporations were a source of greater equality The postwar era of corporate dominance corresponded to a period of remarkable economic growth, social mobility and relative income equality in the United States.
Economy Sep 15 Column: The rise and fall of the U.S. corporation The corporation is not an eternal institution, but a transient one, at least in the long sweep of history.