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Of Market Bondage

By: Queenan, Joe | Chief Executive (U.S.), June 1996 | Article details

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Of Market Bondage


Queenan, Joe, Chief Executive (U.S.)


Last fall, Yale University Law School Professor Charles A. Reich published an apocalyptic little book entitled, "Opposing the System," which argued that Americans were being victimized by "a merger of governmental, corporate, and media power into a managerial entity more powerful by reason of technology, organization, and control of livelihood than any previously known form of rule."

Reich's contention that the U.S. was being sucked into a churning oligarchic vortex did not bother me, because this is the sort of thing that Yale University law professors are expected to say. Reich, who in 1970 wrote "The Greening of America," which predicted a revolution that never took place, has …

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