The Modern Corporation and American Political Thought

The Modern Corporation and American Political Thought
Author :
Publisher : Penn State Press
Total Pages : 436
Release :
ISBN-10 : 0271014733
ISBN-13 : 9780271014739
Rating : 4/5 (739 Downloads)

Book Synopsis The Modern Corporation and American Political Thought by : Scott R. Bowman

Download or read book The Modern Corporation and American Political Thought written by Scott R. Bowman and published by Penn State Press. This book was released on 1996 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite all that has been written about business and its role in American life, contemporary theories about the modern corporation as a social and political institution have failed to explain adequately the pervasiveness and complexity of corporate power in the twentieth century. Through an analysis of history, law, ideology, and economics that spans two centuries, Scott R. Bowman attempts to offer a complete interpretation of the way corporate power has achieved its dominant position in American society today. In The Modern Corporation and American Political Thought, Bowman demonstrates how judge-made and statutory laws have structured and regulated the growth of corporate power while preserving corporate autonomy. The argument unfolds within a historical framework that reconstructs the evolution of the corporation with reference to its two dimensions of power: internal (within the enterprise) and external (in society at large). Bowman examines and revises Marxist, pluralist, and managerial theories to develop his own political theory about class conflict and corporate power and offers fresh interpretations of the political thought of Herbert Croly, Walter Weyl, Thorstein Veblen, Peter F. Drucker, Adolph A. Berle, and John Kenneth Galbraith. Ultimately, this book sets forth the first political theory that adequately accounts for the power of the modern corporation in all its dimensions.


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