The Control of Industry

"The Control of Industry" is a foundational text in the study of industrial organization and economic governance, authored by D. H. Robertson with significant editorial contributions and an introduction by the renowned economist John Maynard Keynes. This work examines the structural evolution of industry and the complex mechanisms through which modern production is organized, directed, and managed.

Robertson explores the inherent tensions between large-scale enterprise and individual initiative, providing a critical analysis of the transition from traditional craftsmanship to the mechanized, corporate systems of the early 20th century. The book delves into the roles of the entrepreneur, the capitalist, and the laborer, while also addressing the growing influence of the state and the potential for democratic control within industrial frameworks. By evaluating the benefits and drawbacks of various organizational forms, including monopolies and cooperatives, the authors provide a comprehensive overview of the economic forces that shape the industrial landscape.

As a key entry in the Cambridge Economic Handbooks series, "The Control of Industry" remains a vital resource for readers interested in economic history, the development of industrial policy, and the philosophical questions surrounding the management of economic resources in a modern society.

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