State, Society, and Corporate Power

Front Cover
Marc R. Tool, Warren J. Samuels
Transaction Publishers, Jan 1, 1989 - Political Science - 493 pages

This volume of selections from the Journal of Economic Issues carries the institutional economics analysis of the acquisition and use of economic power into new and critically significant subject areas: law and economics, the public control of economic power, and international implications of public and private use of power to influence the flow of real income on a global scale. Its particular interest is the possession and use of corporate power, especially in relation to the state as a representative of society.

 

Selected pages

Contents

Contract Law the Free Market and State Intervention A Jurisprudential Perspective
13
Bargain and Contract Theory in Law and Economics
37
Power Contract and the Economic Model
59
Legal Foundations of the Corporate State
75
A New View on the Economic Theory of the State A Case Study of France
97
John R Commons and the Democratic State
127
Legal Counsel Power and Institutional Hegemony
153
On the Nature and Existence of Economic Coercion The Correspondence of Robert Lee Hale and Thomas Nixon Carver
173
Problems of the Social Control of Corporate Power
275
Antitrust in a Planned Economy Anachronism or an Essential Complement?
281
Realism and Relevance in Public Utility Regulation
303
Apologetics of Deregulation in Energy and Telecommunications An Institutionalist Assessment
329
Oligarchic Capitalism Arguable Reality Thinkable Future?
349
Democratic Economic Planning and Worker Ownership
371
THE INTERNATIONAL CORPORATE AND NATIONSTATE SYSTEMS OF POWER
385
The International Corporate and NationState Systems of Power
387

Judicial Regulation of the Environment Under Posners Economic Model of the Law
195
Property Rights and Human Rights Efficiency and Democracy as Criteria for Regulatory Reform
217
Institutionally Determined Property Claims
233
Dangers in Using the Idea of Property Rights Modern Property Rights Theory and the NeoClassical Trap
243
Property in Land As Cultural Imperialism or Why Ethnocentric Ideas Wont Work in India and Africa
251
In Defense of Government Regulation
259
PROBLEMS OF THE SOCIAL CONTROL OF CORPORATE POWER
273
What Is Economic Imperialism?
393
The Evolution of Colonial Institutions An Argument Illustrated from the Economic History of British Central Africa
421
Global Corporations and National Stabilization Policy The Need for Social Planning
433
The Industrial Economy and International Price Shocks
457
The Information Society Implications for Economic Institutions and Market Theory
473
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Page 18 - Nor is it difficult to see what is the tie between man and man which replaces by degrees those forms of reciprocity in rights and duties which have their origin in the Family. It is Contract. Starting, as from one terminus of history, from a condition of society in which all the relations of Persons are summed up in the relations of Family, we seem to have steadily moved towards a phase of social order in which all these relations arise from the free agreement of Individuals.
Page 26 - All that needs to be done is for the Administration to act as friends of both sides, and introduce the native labourer to the European capitalist. A gentle insistence that the native should contribute his fair share to the revenue of the country by paying his tax is all that is necessary on our part to ensure his taking a share in life's labour which no human being should avoid.

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