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The Rise of Shareholder Primacy, With Sean Delehanty

Danny and Derek speak with historian Sean Delehanty about the invention of shareholder value and the transformation of the American corporation in the late 20th century.

Daniel Bessner and Derek Davison

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Traders work on the floor of the American Stock Exchange (AMEX) in New York.(Michael Nagle / Bloomberg via Getty Images)

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The Rise of Shareholder Primacy w/ Sean Delehanty | American Prestige
byThe Nation Magazine

Danny and Derek speak with historian Sean Delehanty about the invention of shareholder value and the transformation of the American corporation in the late twentieth century. They discuss postwar conglomerates and corporate social responsibility, the crisis of Fordism, the rise of financial economics, and the theory of the firm. They also look at hostile takeovers, leveraged buyouts, private equity, the collapse of the public corporation, and the bipartisan consolidation of shareholder primacy in the 1990s.

Buy Sean’s book Company Men: The Invention of Shareholder Value and the Splintering of the American Economy.

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Danny and Derek speak with historian Sean Delehanty about the invention of shareholder value and the transformation of the American corporation in the late 20th century. They discuss postwar conglomerates and corporate social responsibility, the crisis of Fordism, the rise of financial economics, and the theory of the firm. They also look at hostile takeovers, leveraged buyouts, private equity, the collapse of the public corporation, and the bipartisan consolidation of shareholder primacy in the 1990s.

Buy Sean’s book Company Men: The Invention of Shareholder Value and the Splintering of the American Economy.

Subscribe to The Nation to support all of our podcasts: thenation.com/podcastsubscribe.

The Nation Podcasts

Here's where to find podcasts from The Nation. Political talk without the boring parts, featuring the writers, activists and artists who shape the news, from a progressive perspective.

The Rise of Shareholder Primacy w/ Sean Delehanty | American Prestige
byThe Nation Magazine

Danny and Derek speak with historian Sean Delehanty about the invention of shareholder value and the transformation of the American corporation in the late twentieth century. They discuss postwar conglomerates and corporate social responsibility, the crisis of Fordism, the rise of financial economics, and the theory of the firm. They also look at hostile takeovers, leveraged buyouts, private equity, the collapse of the public corporation, and the bipartisan consolidation of shareholder primacy in the 1990s.

Buy Sean’s book Company Men: The Invention of Shareholder Value and the Splintering of the American Economy.

Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

Subscribe to The Nation to Support all of our podcasts

Daniel BessnerTwitterDaniel Bessner is an historian of US foreign relations, and cohost of American Prestige, a podcast on international affairs.


Derek DavisonDerek Davison is a writer and analyst specializing in international affairs and US foreign policy. He is the publisher of the Foreign Exchanges newsletter, cohost of the American Prestige podcast, and former editor of LobeLog.


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