2nd Edition

The Economy as a System of Power Corporate Systems

By George Sternlieb Copyright 1989

    The articles in this volume address the fact and use of economic power in the American economy. The institutional economists' perspective exhibited here reflects a century-long focus on and concern with economic power begun by Thorstein Veblen. This volume presents a new generation of institutionalist scholars who add to that tradition a fresh and penetrating analysis of contemporary power centers and assessments of their use of power.

    I: The Economy as a System of Power; 1: Economics: Allocation or Valuation?; 2: Power and Illusion in the Marketplace: Institutions and Technology; 3: The Impact of Economics on Technology; 4: Confronting Power in Economics: A Pragmatic Evaluation; 5: Power and Economic Performance; 6: Power: An Institutional Framework of Analysis; II: The Corporate System; 7: The Problems and Prospects of Collective Capitalism; 8: The Rise of the Corporate State in America; 9: Organizational Structure, Technological Advance, and the New Tasks of Government; 10: An Institutional Analysis of Corporate Power; 11: Social Value Theory, Corporate Power, and Political Elites: Appraisals of Lindblom's Politics and Markets; 12: The Transfer of Control in Large Corporations : 1905-1919; 13: Centralized Private Sector Planning : An Institutionalist's Perspective on the Contemporary U.S. Economy; 14: Political and Policy Implications of Centralized Private Sector Planning; 15: Oligopolistic Cooperation: Conceptual and Empirical Evidence of Market Structure Evolution; 16: Idealism and Realism: An Institutionalist View of Corporate Power in the Regulated Utilities; 17: Corporale Power and Economic Sabotage; 18: Corporate Size and the Bailout Factor

    Biography

    George Sternlieb