Unleashed - How To Thrive As An Independent Professional

Richard Langlois, author of the book The Corporation and the 20th Century: The History of American Business Enterprise, and Will Bachman discuss the transition from entrepreneur-led businesses to modern multi-unit businesses. Richard talks about the drivers behind this transformation, including antitrust, which led to unintended consequences such as making coordination between firms illegal, and the shift from vertically integrated businesses to modular corporations.  His book highlights the impact of the depression, which eliminated many financial institutions, making it possible for internal capital markets to function and fund innovation. His book also explores the issue of  price controls and government interference with markets also interfered with market mechanisms, making it difficult for smaller businesses to coordinate resources. From Entrepreneur-led Businesses to Multi-unit Businesses Richard explains that the rise of large companies and far-flung enterprises in the mid-20th century required consci