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At the turn of the twentieth century American politics underwent a profound change, as both regulatory minimalism and statist command were rejected in favor of positive government engaged in both regulatory and distributive roles. Through a fresh examination of the judicial, legislative, and political aspects of the antitrust debates in the years from 1890-1916, Martin Sklar shows that the arguments did not arise simply because of competition versus combination, but because of the larger question of the proper relations between government and the market and between state and society.
- Sales Rank: #677786 in Books
- Brand: Brand: Cambridge University Press
- Published on: 1988-04-29
- Original language: English
- Number of items: 1
- Dimensions: 8.03" h x 1.10" w x 6.26" l, 1.63 pounds
- Binding: Paperback
- 500 pages
- Used Book in Good Condition
Review
"This is a major work, its insights and reconceptualizations comparable to those of such books as Morton J. Horwitz's The Transformations of American Law, 1790-1860 (Cambridge, 1977) and Ellis W. Hawley's The New Deal and the Problem of Monopoly (Princeton, 1966). Like these works, Martin J. Sklar's book fuses legal history with economic and intellectual history. In addition, Sklar provides a powerful overlay of political theory. The result is the most arresting reinterpretation of the Progressive Era to appear in two decades." Thomas K. McCraw, The American Journal of Legal History
"Here Sklar exhibits rich and original insight grounded in political theory and also in an appreciation of the gravity of what was going on within the economy and the inordinate difficulty of coming to terms with it....Here Sklar has engaged, with remarkable wisdom and originality, the most difficult questions in one of the most complex periods of American history; and he has written a masterpiece that places us all in his debt." Thomas K. McCraw, The American Journal of Legal History
"In this richly researched and thoughtfully argued piece of work, Martin Sklar makes a major contribution to our understanding of antitrust policy in the period 1890-1916." Robert Cuff, Business History Review
"This book is a judicious, immensely learned, thorough, and, in many places, brilliant analysis of the regulatory response to the corporate transformation of American capitalism." Donald J. Pisani, Texas A & M University, in The Journal of American History
"Of all the theories of contemporary society we have, Sklar's, it seems to me, is the only one that even begins to give adequate attention to the continued play of private interests, not only in the economy but in politics and culture as well. If his interpretation is correct, he has certainly provided a key to understanding the twentieth century." Eli Zaretsky, Journal of Social History
"Even scholars who do not accept Sklar's interpretation will recognize his volume as a major work. Sklar has dug deeply into the archives and emerged with interesting and valuable findings." Robert Higgs, Critical Review
From the Back Cover
Around the turn of the century American politics entered a period of profound change during which regulatory minimalism and statist command with respect to the economy were rejected in favor of positive government engaged in both regulatory and distributive roles. Through a fresh examination of the judicial, legislative, and political aspects of the antitrust debates in the year from 1890 to 1916, Martin J. Sklar shows that the arguments were not simply over competition versus combination, but also over the larger question of the proper relation between government and the market and between the state and society.
Most helpful customer reviews
9 of 9 people found the following review helpful.
A masterpiece indeed -- with a bonus
By William C. Lloyd
I agree with the others here who commented on this book as a history of the "trust issue" and the rise of large-scale capital enterprises. However, the opening portion of the book deals also, as background, with the impetus in America toward economic imperialism beginning not later than the post-Civil War era and in doing so presents another means of understanding it, in addition to that presented by the British economist John A. Hobson in his 1902 book, Imperialism, and especially in its chapter "The Economic Taproot of Imperialism". Hobson's work was well known to the players in Sklar's work, and the topic was discussed frankly and openly by mainstream capitalists and and theorists of the day.
8 of 8 people found the following review helpful.
A Classic, challenging work of history
By James W. Muir
I read this for the first time in the mid-1990s, and have just finished teaching large sections of it to a group of undergraduate Law students in Canada. This is an exceptional book. Sklar's focus is seemingly narrowly concentrated on certain aspects of law, politics, and economic theory at the turn of the last century. The cummulative effect of his argument, however, extends much further. I am struck, for instance, by one brief paragraph at the begining of his chapter on the Sherman Act. In it, he lays out a clear, coherent, and radical thesis about the inter-relationship of law and the market that succintly summarizes not only his own position, but a tradition of scholarship in the US, the UK, and elsewhere, that had been building over the 40 years before he published. These flashes of brilliance do a wonderful job of relating the peculiarities of the Progressive era in US history to the histories of other coutries, and to our own time today. I highly recommend this book for anyone interested in the rise of the corporation, and the relationship between law, the market, and politics.
0 of 7 people found the following review helpful.
Didn't come very quick.
By cerwin2
The book itself came very slowly and I almost forgot I even ordered it. The book itself is very good and is a excellent learning aide for understanding corporate structure.
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