商品簡介
Central economic planning is associated with failed state socialism. Contrariwise, Adelstein (economics, Wesleyan U.) argues that giant corporations such as Standard Oil and Carnegie Steel that dominated the American economy through the 20th century are not only examples of successful capitalist central planning, but that they also had a major impact on the country's economic and sociopolitical life. He discusses the "tripod of power" that led to their dominance: successful post-Civil War entrepreneurial engineers; the Supreme Court's 1866 decision that corporations possessed the same rights to due process and equal protection as people; and the Court's ruling on antitrust debates in 1911 in favor of big business. He concludes, however, that World War I was more of a national unifier than private profit. Annotation Ac2012 Book News, Inc., Portland, OR (booknews.com)
作者簡介
Richard Adelstein is Woodhouse/Sysco Professor of Economics at Wesleyan University, USA.
