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单词 morganization
释义

Morganizationn.

Brit. /ˌmɔːɡənʌɪˈzeɪʃn/, /ˌmɔːɡn̩ʌɪˈzeɪʃn/, U.S. /ˌmɔrɡənəˈzeɪʃ(ə)n/, /ˌmɔrɡəˌnaɪˈzeɪʃ(ə)n/
Forms: 1900s– Morganisation, 1900s– Morganization.
Origin: From a proper name, combined with an English element. Etymons: proper name Morgan , -ization suffix.
Etymology: < the name of John Pierpont Morgan (1837–1913), U.S. financier + -ization suffix. Compare morganite n.
Business. Now historical.
The restructuring of an industry or business sector, esp. one that is unstable, by buying up competing companies and combining their resources in a single corporation.
ΘΚΠ
the world > existence and causation > creation > destruction > damage > [noun] > sabotage
Morganization1902
sabotage1910
sabotaging1923
monkeywrenching1983
1902 W. J. Ghent Benevolent Feudalism ii. 25 The tendencies thus make, on the one hand, toward the centralization of vast power in the hands of a few men—the morganization of industry, as it were.
1919 J. L. Garvin Econ. Found. Peace 502 When there were fears about the ‘Morganisation’ of British vessels, he said that it would be sounder for Britain to nationalise her entire shipping.
1957 Jrnl. Econ. Hist. 17 186 The term ‘Morganisation’ referred to the fact that the syndicate was thought to be controlled by the U.S. Steel Corporation, the American Tinplate Co., and Standard Oil, whose freighters would transport the ore.
1990 Atlantic Apr. 105/1 Morganization was most spectacularly applied to the steel industry in 1901. The House of Morgan patched together America's first billion-dollar corporation, United States Steel, out of several steelmaking companies that were threatening to encroach on one another's markets.
1999 J. Strouse Morgan i. i. 5 He reorganized the nation's railroads (the process came to be known as Morganization)..on the principle that the combination of rival interests into huge, stable systems was preferable to the boom-and-bust cycles, price wars, waste, and speculative recklessness of internecine competition.
This entry has been updated (OED Third Edition, December 2002; most recently modified version published online March 2022).
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n.1902
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