Capital Accumulation and the Du Pont Company: An Historical Analysis

Abstract

This paper examines the construction of external environments on the part of the Du Pont Company through the four stages of capital accumulation: monopolization, diversification, research and development, and foreign expansion. This construction is viewed as a rationalizing strategy to reduce environmental uncertainty. Two main types of environmental uncertainty are identified. Material uncertainty pertains to uncertain ty regarding the flow of resources through the organization. Symbolic uncertainty pertains to uncertainties of meaning attached to organizational activities. Material construction of environmental conditions provided the Du Pont Company with a means of capital accumulation, while symbolic construction of environmental conditions provided the Du Pont Company with a means of capital legitimation

Cite this work

No public copy is stored for this record, so only the metadata is cited.

Stored only when both papers are in the corpus — 14 citations exist upstream.