Venture capital

Author: Gordon (USA) / Liu Shiqiang et al.
Publisher:
Publish Date: 2005-06-01
Features: A modern economic history is the history of capital adventure, exploration, and the creation of immense wealth. This book records the history of capital adventure and creation in the United States from the colonial period to the present, covering all aspects of the U.S. economy—from agriculture and food, manufacturing and mining, transportation, banking, to retail and real estate, as well as telegraphs, telephones, and television. It demonstrates how capital, with its spirit of adventure, created miracles in these areas. The market economy established a system to protect private property, which enabled adventurers to acquire wealth from their risks. The joint-stock system allowed adventurers to avoid unlimited risks, becoming a institutional guarantee for adventure. This book is another major work by John S. Gordon, following his The Great Game. Over the past decade, John S. Gordon has contributed to the influential column American Business Stories for The American Spectator, with his articles combining knowledge with entertainment, and his language is exceptionally vivid and fluent. This book is a collection of these popular articles. Unlike the concept-driven management books of today, Gordon meticulously reconstructs the thrilling scenes from American business history, bringing to life the magnificent demeanor of the big players in capital. Capital is a transformative force; those business geniuses either seized extraordinary opportunities or forged new paths, pushing the limits of individual and generational imagination to create the grand scenes we witness today. We are in an era of transformation toward a market economy, and how society can rely on the of capital to develop, and how businesses can use capital to grow, are concerns for everyone. The path we take may not be the same as that of the United States, but their experiences and lessons are highly enlightening.