THE 20TH CENTURY CAPITALIST REVOLUTION by

THE 20TH CENTURY CAPITALIST REVOLUTION

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KIRKUS REVIEW

A serious study of the implications of capitalism for the world today stems from a consideration of Mr. Berle's field-corporation law- which he practices and teaches at Columbia University. In the main, his thesis is that capitalism and its main exponent, the corporate system, have gradually assumed positions of prime socio-economic importance for the world and though they have no written doctrine or manifesto- they are an effective ideology for working towards a free way of life. Examining the roles, with their faults and merits, that the growing corporate system has played to the present, the author, suggesting planning, states that there is more than the theory of laissez-faire in the making now and points to the undeniable aggregates of power corporations have in national and international politics. Illustrating mismanagement through many historical and contemporary cases- for example the current area of often unfounded security risks- he concludes that corporate activities have furthered international government and understanding and must with future philosophical directives, form the enlightened basis of our modus vivendi. A sane plea for liberalized economy as the effective attack against Communism, this furthers an increasing trend towards an ethical business world and can be read with profit in conjunction with a book like Garstin's Each Age is a Dream (see above), or in comparison with Lilienthal's Big Business.

Pub Date: Oct. 21st, 1954
Publisher: Harcourt, Brace