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Benjamin C. Waterhouse on "One Day I'll Work for Myself: The Dream and Delusion That Conquered America"

New Books in Economic and Business History

CHAPTER

From Stability to Disruption: The 1980s Business Revolution

This chapter explores the dramatic shift in business perceptions during the 1980s, emphasizing the rise of high-growth firms known as 'gazelles' and the new entrepreneurial mindset promoted by business schools. It discusses how this shift influenced corporate culture, economic strategies, and the embrace of disruption as a core principle, illustrated by the 'greed is good' mantra from Wall Street. Additionally, the chapter reflects on the historical significance of Joseph Schumpeter's ideas on creative destruction and their relevance in shaping modern innovation-driven business philosophies.

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