"Scale and Scope" is Alfred Chandler's first major work since his Pulitzer prize-winning "The Visible Hand". Representing ten years of research into the history of the managerial business system, this book concentrates on patterns of growth and competitiveness in the US, Germany, and Great Britain, tracing the evolution of large firms into multinational giants and orienting the late 20th century's most important developments.

What are the most important differences among national economies? Is globalization forcing nations to converge on an Anglo-American model? What explains national differences in social and economic policy? This pathbreaking work outlines a new approach to these questions. It highlights the role of business in national economies and shows that there is more than one path to economic success. The book sets a new intellectual agenda for everyone interested in relations between politics, economics, and business.

The late twentieth century has witnessed the establishment of new forms of capitalism in East Asia as well as new market economies in Eastern Europe. Despite the rhetoric of globalization, they are continuing to diverge because of significant differences in dominant institutions. This book presents the comparative business systems framework for describing and explaining the major differences in economic organization between market economies.