Sold to the Highest Bidder
Sold to the Highest Bidder

Author: Daniel M. Friedenberg

Publisher: Prometheus Books

Published: 2010-09-09

Total Pages: 352

ISBN-13: 1615927220

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"This is a glorious America for the alert and resourceful," notes Daniel Friedenberg in this critical review of the American presidency during the last half of the 20th century. But he cautions, "This is an unhappy America for the disadvantaged, the weak in body or mind, and those born without close family ties."The disparity between rich and poor in our immensely wealthy nation and the corrupting influence of money on politics to the advantage of the few over the many form the heart of his critique. Friedenberg emphasizes that the New Deal concern for the underdog - the major social achievement of the first half of the 20th century - has been gradually abandoned by presidents in the latter half of the century, along with tax policies that shifted wealth from the well-to-do to the less privileged. Though paying lip service to democracy, in fact recent presidents have upheld a system designed to maximize the influence of a powerful elite, "a flexible plutocracy," as Friedenberg describes it. This has good and bad aspects. On the one hand, the innovations launched by powerful business leaders, such as Henry Ford, Thomas J. Watson (IBM), and Bill Gates (Microsoft), have resulted in millions of new jobs and advanced the overall prosperity of the nation. On the other hand, the system does little to help the poor rise to a higher level, and it has kept the middle class stagnating for the last thirty years. The effect of presidential policies is a divide between the haves and have-nots that today is every bit as stark as it was before the Great Depression.Friedenberg pleads for a new focus on improved education for all to narrow the widening gap between rich and poor, instead of the current folly of building gated communities for the wealthy and ever-more prisons for the law-breaking underprivileged. The vast technological resources unleashed by the computer revolution can and should be used to create a more equitable American future.

Corporations and American Democracy
Corporations and American Democracy

Author: Naomi R. Lamoreaux

Publisher: Harvard University Press

Published: 2017-05-08

Total Pages: 336

ISBN-13: 0674977718

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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.

Historic Real Estate
Historic Real Estate

Author: Whitney Martinko

Publisher: University of Pennsylvania Press

Published: 2020-05-15

Total Pages: 305

ISBN-13: 0812296990

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A detailed study of early historical preservation efforts between the 1780s and the 1850s In Historic Real Estate, Whitney Martinko shows how Americans in the fledgling United States pointed to evidence of the past in the world around them and debated whether, and how, to preserve historic structures as permanent features of the new nation's landscape. From Indigenous mounds in the Ohio Valley to Independence Hall in Philadelphia; from Benjamin Franklin's childhood home in Boston to St. Philip's Episcopal Church in Charleston, South Carolina; from Dutch colonial manors of the Hudson Valley to Henry Clay's Kentucky estate, early advocates of preservation strove not only to place boundaries on competitive real estate markets but also to determine what should not be for sale, how consumers should behave, and how certain types of labor should be valued. Before historic preservation existed as we know it today, many Americans articulated eclectic and sometimes contradictory definitions of architectural preservation to work out practical strategies for defining the relationship between public good and private profit. In arguing for the preservation of houses of worship and Indigenous earthworks, for example, some invoked the "public interest" of their stewards to strengthen corporate control of these collective spaces. Meanwhile, businessmen and political partisans adopted preservation of commercial sites to create opportunities for, and limits on, individual profit in a growing marketplace of goods. And owners of old houses and ancestral estates developed methods of preservation to reconcile competing demands for the seclusion of, and access to, American homes to shape the ways that capitalism affected family economies. In these ways, individuals harnessed preservation to garner political, economic, and social profit from the performance of public service. Ultimately, Martinko argues, by portraying the problems of the real estate market as social rather than economic, advocates of preservation affirmed a capitalist system of land development by promising to make it moral.

The Cambridge Economic History of the United States
The Cambridge Economic History of the United States

Author: Stanley L. Engerman

Publisher: Cambridge University Press

Published: 1996

Total Pages: 1046

ISBN-13: 9780521553070

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This three volume work offers a comprehensive survey of the history of economic activity and economic change in the United States, and in those regions whose economies have at certain times been closely allied to that of the US.

Empire, Incorporated
Empire, Incorporated

Author: Philip J. Stern

Publisher: Harvard University Press

Published: 2023-05-16

Total Pages: 409

ISBN-13: 0674988124

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Historians typically regard the British Empire as a state project aided by corporations. Philip Stern turns this view on its head, arguing that corporations drove colonial expansion and governance, creating an overlap between sovereign and commercial power that continues to shape the relationship between nations and corporations to this day.

A History of American Law
A History of American Law

Author: Lawrence M. Friedman

Publisher: Oxford University Press

Published: 2019-09-23

Total Pages: 704

ISBN-13: 0190070919

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Renowned legal historian Lawrence Friedman presents an accessible and authoritative history of American law from the colonial era to the present day. This fully revised fourth edition incorporates the latest research to bring this classic work into the twenty-first century. In addition to looking closely at timely issues like race relations, the book covers the changing configurations of commercial law, criminal law, family law, and the law of property. Friedman furthermore interrogates the vicissitudes of the legal profession and legal education. The underlying theory of this eminently readable book is that the law is the product of society. In this way, we can view the history of the legal system through a sociological prism as it has evolved over the years.