Family Capitalism

Wendels, Haniels, Falcks, and the Continental European Model

Harold James

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    INTRODUCTION: THE FAMILIARITY OF CAPITALISM

    PART I. THE AGE OF THE INDIVIDUAL

    1. The Wendels and the French State

    2. The Pioneer in German History

    3. The Industrial Origins of the Falcks

    PART II. THE AGE OF THE CORPORATION

    4. The Gutehoffnungshütte as a Joint-Stock Company

    5. French Companies in Two Countries

    6. An Italian Joint-Stock Company

    PART III. THE AGE OF ORGANIZATIONALISM

    7. The Politician as Businessman

    8. A Family Concern

    9. Models of Italian Industrial Development

    PART IV. THE AGE OF THE POSTWAR MIRACLE

    10. A Costly Miracle in Italy

    11. A New Kind of Family Togetherness

    12. Postwar Reconstruction in France

    PART V. THE AGE OF GLOBALIZATION

    13. Wendel Becomes a Conglomerate, French Style

    14. The Crisis of Italian Steel

    15. German Diversification and Internationalization

    16. Family Capitalism and the Exit from Steel

    CONCLUSION: FAMILY ENTREPRENEURSHIP

    Appendix: Family Trees

    Notes

    Acknowledgments

    Index

  • Cover: Family Capitalism
  • A photo of the author

Harold James is Professor of History and International Affairs at Princeton University.