Is America Necessary? Conservative, Liberal, & Socialist Perspectives of United States Political Institutions

By Henry Etzkowitz; Peter Schwab | Go to book overview
Lewis A. Froman Jr., "The Categorization of Policy Contents," in Political Science and Public Policy, ed. Ranney, 41-52.
37. "American Business,"686-715.
38. Comparative Politics, 195-201.
39. "Four Systems of Policy, Politics, and Choice," Public Administration Review, 32 ( July /August 1972), 298-310.
40. Cf. Larry L. Wade, The Elements of Public Policy ( Columbus, Ohio: Charles E. Merrill, 1972),6.
41. The Folklore of Capitalism ( New Haven, Conn.: Yale University Press, 1937), 263.
42. Pricing Power and the Public Interest: A Study Based on Steel ( New York: Harper & Brothers, 1962), 20.
43. U. S., Congress, Senate, Administered Prices, Steel, Report of the Committee on the Judiciary, Subcommittee on Antitrust and Monopoly, 85th Cong., 1st sess., 1958 ( Washington, D.C.: Government Printing Office, 1958), 8, 18-22.
44. Ibid., 14-15.
45. Pricing Power, 43.
46. U. S., Congress, Senate, Committee on the Judiciary, Administered Prices, Hearings before the Subcommittee on Antitrust and Monopoly, 85th Cong., 1st sess., 1957, 214.
47. See, for example, Karen Orren, Corporate Power and Social Change: The Politics of the Life Insurance Industry ( Baltimore, Md.: The Johns Hopkins University Press, 1973), for an analysis of housing investment.
48. Robert Fellmeth, The Politics of Land ( New York: Grossman Publishers, Inc., 1973).
49. Statement of Raphael Cohen, Metropolitan Independent Dodge Chrysler Dealers Association, Hearings before U.S., Congress, Senate, Committee on Small Business, a Senate Select Committee on Small Business on the role of giant corporations, 92nd Cong., 1st sess., 1971, pt. 1, 45-67.
50. Ibid.
51. See, for example, W. G. Broehl Jr., The Molley McGuires ( Cambridge, Mass.: Harvard University Press, 1965).
52. Department of Justice Antitrust Division memorandum on grand jury proceeding, cited by Mark J. Green et al., The Closed Enterprise System ( New York: Bantam Books, 1972), 255.
53. Ibid., 257.
54. Although three of the four Justice Department attorneys on the case recommended both civil and criminal actions, Antitrust Division Chief Donald Turner declined to ask for indictments. The grand jury wanted to issue indictments, but did not do so because they did not realize that they could have done so even in the absence of a Justice Department request. A Justice Department civil suit was filed on January 10, 1969. In spite of protests from many congressmen and the State of California, the Justice Department under the leadership of Attorney General John Mitchell did not go to court but signed a consent decree with the automobile industry. The auto industry agreed not to further conspire to inhibit the development of antipollution devices without admitting that they had done so in the first place.
55. See, for example, Richard Ells, The Government of Corporations ( New York: The Free Press, 1962.
56. In theory the charter is supposed to be a manifestation of public control of the corporation which is exercised in exchange for a variety of privileges. In reality, the charter has lost this original function and is currently the loosest kind of document allowing maximum freedom to corporate management. The new charter results from competition among the states to offer the most advantageous requirements to corporations. Currently Delaware is the champion, with one-third of all New York Stock Exchange listed corporations. See James Phelan and Robert Pozen , The Company State ( New York: Grossman Publishers, Inc., 1973), 163-171.
57. "Democracy and the Good Life in a Company Town," Harper's Magazine, May 1972, 56- 66.
58. Schuck and Wellford, "Company Town,"64.
59. See, for example, "Convention Financing: Corporate America's Role," Congressional Quarterly Weekly Report, 30 ( July 8, 1972), 1,656-1,660.
60. Cf. Charles A. Reich, "The New Property,''" 73 Yale Law Journal733 ( 1964).
61. "Corporate Giants and the Power Structure," Western Political Quarterly, 9 ( June 1956), 415.
62. The Concept of the Corporation ( New York: John Day Co., Inc., 1946), 72.

Socialist

William Domhoff. State and ruling class in corporate America.

On top of the gradually-merging social layers of blue and white collar workers in the United States, there is, a very small social

-46-

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