American Business, 1920-2000: How It Worked Book

A very optimistic account of business growth in the United States from 1920 to 2000. I think the main argument here is the importance of innovation and a decision making model that is a mixture of centralization and decentralized. I would like to see how McCraw would cover the last twenty years. There is a brief chapter at the end on the rise of Silicon Valley, but it was written when there was still a very optimistic view of the internet and globalization. I wonder how a chapter covering the expansion of the internet (with its dark side), the rise of China (which is not mentioned in this book), social media, collection and selling of personal information, and the changes caused by the 2008 great recession play out.