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by Robert A. Brady (Author)
The Rationalization Movement in German Industry: A Study in the Evolution of Economic Planning examines how "rationalization" reshaped German economic life between the brief prosperity of 1924-1929 and the collapse that followed. Moving beyond surface "kaleidoscopic" change, the book traces deeper structural shifts away from laissez-faire--through cartels, standardization boards, trade associations, and state coordination--toward an integrated order in which technical efficiency, corporate power, and public authority converged. Beginning with the "negative" phase of retrenchment--closing obsolete plants, consolidating firms, and cleaning up inflation-era distortions--the study follows the transition to "positive" rationalization: scientific management, standardization, cooperative research, and large-scale reorganization in heavy industry, transport, and utilities. Against this program, the author sets the era's hard constraints: reparations and high capital costs, fractured markets after Versailles, political radicalization right and left, and social policies that raised costs without parallel gains in capacity utilization.
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