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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.
This collection of primary sources from the founding period covers the unique combination of theoretical influences in American political thought.
Recent U.S. Supreme Court decisions in Citizens United and other high-profile cases have sparked passionate disagreement about the proper role of corporations in American democracy. Partisans on both sides have made bold claims, often with little basis in historical facts. Bringing together leading scholars of history, law, and political science, Corporations and American Democracy provides the historical and intellectual grounding necessary to put today’s corporate policy debates in proper context. From the nation’s founding to the present, Americans have regarded corporations with ambivalence—embracing their potential to revolutionize economic life and yet remaining wary of their capacity to undermine democratic institutions. Although corporations were originally created to give businesses and other associations special legal rights and privileges, historically they were denied many of the constitutional protections afforded flesh-and-blood citizens. This comprehensive volume covers a range of topics, including the origins of corporations in English and American law, the historical shift from special charters to general incorporation, the increased variety of corporations that this shift made possible, and the roots of modern corporate regulation in the Progressive Era and New Deal. It also covers the evolution of judicial views of corporate rights, particularly since corporations have become the form of choice for an increasing variety of nonbusiness organizations, including political advocacy groups. Ironically, in today’s global economy the decline of large, vertically integrated corporations—the type of corporation that past reform movements fought so hard to regulate—poses some of the newest challenges to effective government oversight of the economy.
Filling in the missing spaces left by traditional textbooks on American political thought, Reconsidering American Political Thought uses race, gender, and ethnicity as a lens through which to engage ongoing debates on American values and intellectual traditions. Weaving document-based texts analysis with short excerpts from classics in American literature, this book presents a re-examination of the political and intellectual debates of consequence throughout American history. Purposely beginning the story in 1619, Saladin Ambar reassesses the religious, political, and social histories of the colonial period in American history. Thereafter, Ambar moves through the story of America, with each chapter focusing on a different era in American history up to the present day. Ambar threads together analysis of periods including Thomas Jefferson’s aspiration to create an "Empire of Liberty," the ethnic, racial, and gender-based discourse instrumental in creating a "Yankee" industrial state between 1877 and 1932, and the intellectual, cultural, and social forces that led to the political rise of Ronald Reagan and Barack Obama in recent decades. In closing, Ambar assesses the prospects for a new, more invigorated political thought and discourse to reshape and redirect national energies and identity in the Trump presidency. Reconsidering American Political Thought presents a broad and subjective view about critical arguments in American political thought, giving future generations of students and lecturers alike an inclusive understanding of how to teach, research, study, and think about American political thought.
A History of American Political Theories is a comprehensive attempt to understand the full sweep of American political thought since the founding. Working within the liberal-progressive tradition, Merriam reviewed American political history in its entirety, from the founding down to his own day. He was not out to reduce political thought to a single element such as economics alone; his aim was to encompass the whole of modern social science. The political science of the liberal-progressive tradition has roots and assumptions that were born in this period and nurtured by scholars such as Merriam. The progressive tradition in general and Merriam in particular interpreted the rise of a new science of politics that would be required for the liberal-progressive world view he represented. His work stands at a momentous fork in the road; two great traditions of how American democracy should be understood, interpreted, and analyzed parted company and afterward each went their separate ways. These traditions are represented, respectively, by the founders and the liberal-progressives. There was much at stake in these academic debates, though the consequences were not entirely foreseen at the time. An overview of the authors, works, and general source material covered in History of American Political Theories is impressive. Merriam viewed the study of American democracy as an eclectic activity embracing the broadest definition of the social sciences, with particular emphasis on psychology. Such a transformation required that the social sciences be grouped as a whole rather than fragmented into separate and distinct academic departments.
From James I's Address Before Parliament (1610) to Joseph R. Biden, Jr.'s Learned Hand Dinner Address Before the American Jewish Committee (2005), this two-volume set offers an unparalleled selection of key texts from the history of American political and constitutional thought.
Taking corporate personhood as a starting point, Persons of the Market observes the complex historical entanglement of Christian theology and liberal capitalism to shed new light on their seemingly odd marriage in contemporary American politics. Author Kevin Musgrave highlights the ways that theories of corporate and human personhood have long been and remain bound together by examining four case studies: the U.S. Supreme Court’s 1886 Santa Clara decision, the role of early twentieth-century advertisers in endowing corporations with souls, Justice Lewis Powell Jr.’s eponymous memo of 1971, and the arc of the conservative movement from Ronald Reagan to Donald Trump. Tracing this rhetorical history of the extension and attribution of personhood to the corporate form illustrates how the corporation has for many increasingly become a normative model or ideal to which human persons should aspire. In closing, the book offers preliminary ideas about how we might fashion a more democratic and humane understanding of what it means to be a person.
The Corporation engages with current issues of the corporation as an institutionalized organizational form, approaching the concept from the backgrounds of organization theory, law, and economics, combining different theoretical views and empirical approaches.