The Corporate Reconstruction of American Capitalism, 1890-1916: The Market, the Law, and Politics

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Cambridge University Press, Apr 29, 1988 - Business & Economics - 484 pages
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At the turn of the twentieth century American politics underwent a profound change, as both regulatory minimalism and statist command were rejected in favor of positive government engaged in both regulatory and distributive roles. Through a fresh examination of the judicial, legislative, and political aspects of the antitrust debates in the years from 1890-1916, Martin Sklar shows that the arguments did not arise simply because of competition versus combination, but because of the larger question of the proper relations between government and the market and between state and society.
  

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after all records in The Hansard on Tocqueville's reception in British parliament ever since his democratic and/or American best seller (1840) - the question remains largely open if only because so many have rallied to this sociological legerdemain (...) when international relations would be a thing of the past.
We all can witness where such a course is taking us: right back to The Hansard and British MP's warning about such issues as The Iron and Steel Bill" - their fright - at least the Conservatives among them - of nationalizations and public service in general.
Clarity of expression for what would sound hackneyed reiterates a debate which academics in general have abdicated as their fuzzy mandate etc.
from Winnipeg, Canada
Charles-Emmanuel Reesink
 

Contents

Introduction Corporate capitalism and corporate liberalism
1
Mode of production and social movements
4
Ascending and declining stages of capitalism
14
Class metamorphosis and corporate reconstruction
20
Corporate capitalism and American liberalism
33
Metamorphosis in property and thought
43
Property
47
The market
53
Conclusion
173
The politics of antitrust
179
Bureau of Corporations v US Supreme Court
184
The movement for Sherman Act revision
203
The Hepburn bill
228
The defeat of the Hepburn bill
253
Between Roosevelt and Wilson
285
Toward a trade commission
309

Hadley and Jenks
57
Conant
62
Marginal utility Americanized
68
Conant Keynes and Marx
72
Corporate capitalism and imperialism
78
Conclusion
85
The corporate reconstruction and the antitrust law
86
Before the Sherman Act
93
The Sherman Act
105
Judicial construction 18901897
117
Coup de jure
127
Restoration
146
American corporations European cartels
154
The corporateliberal alternative
166
The corporateliberal solution
324
Two progressive presidents
333
Roosevelt
334
Taft
364
Woodrow Wilson and the corporateliberal ascendancy
383
A history of developments
384
A modus vivendi in America for happiness
392
A middle ground between socialism and capitalism
401
A worldwide economic tendency
412
The modern idea
419
Conclusion Fathers and prophets
431
Bibliography
442
Index
461
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