Louis D. Brandeis and the Making of Regulated Competition, 1900-1932 (Paperback)
  • Louis D. Brandeis and the Making of Regulated Competition, 1900-1932 (Paperback)
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Louis D. Brandeis and the Making of Regulated Competition, 1900-1932 (Paperback)

(author)
£31.99
Paperback 296 Pages / Published: 19/07/2012
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This book provides an innovative interpretation of industrialization and statebuilding in the United States. Whereas most scholars cast the politics of industrialization in the progressive era as a narrow choice between breaking up and regulating the large corporation, Berk reveals a third way: regulated competition. In this framework, the government steered economic development away from concentrated power by channeling competition from predation to improvements in products and production processes. Louis Brandeis conceptualized regulated competition and introduced it into public debate. Political entrepreneurs in Congress enacted many of Brandeis's proposals into law. The Federal Trade Commission enlisted business and professional associations to make it workable. The commercial printing industry showed how it could succeed. And 30 percent of manufacturing industries used it to improve economic performance. In order to make sense of regulated competition, Berk provides an original theory of institutions he calls 'creative syncretism'.

Publisher: Cambridge University Press
ISBN: 9781107405080
Number of pages: 296
Weight: 440 g
Dimensions: 229 x 152 x 17 mm


MEDIA REVIEWS
'Berk's nuanced study of Brandeis is about the rejection of preordained categories and rigid formulas, by extraordinary policymakers and also by social scientists who seek to understand them. Ultimately, it is about the limitless possibility of politics to reorder familiar arrangements of state and economy in the interests of a differently-conceived world. Its publication could hardly be more timely.' Karen Orren, University of California, Los Angeles
'A masterpiece of counter-factual reasoning, this book challenges the orthodoxy that markets and regulation are incompatible alternatives. Berk shows how Louis Brandeis' theory of 'regulated competition' offered the principles for a very different kind of relationship between government and economy that could have changed the course of the twentieth-century. At the juncture at which America was transforming from a market economy and a laissez-faire state to a corporate economy and a regulative state, Berk's compelling historical analysis shows that the path could have been different. This is institutional history at its best.' William Roy, University of California, Los Angeles
'Berk recovers for us an improbably prescient Brandeis: an advocate and institutional architect who helps demonstrate the feasibility of a market order of 'regulated competition' that avoids the traditional, limited choice between antipathy to all business cooperation or regulated monopoly and, instead, encourages innovation while reducing the dangers of concentration (and we might hope today - the viral diffusion of catastrophic behaviors) through a Federally sponsored exchange of best practices and cost benchmarks within and across industry groups. This is history the way and when we need it.' Charles Sabel, Columbia Law School
'Civic Enterprise raises to a new level the distinctive strength of Gerry Berk's work: his capacity to radically alter our understanding of classic issues and episodes in American political development on the basis of new and original historical research inspired by current theoretical and comparative debates, while recasting and enriching the categories of those debates themselves in light of his empirical findings. This book is thus likely to attract a wide interdisciplinary audience and consolidate Berk's reputation as one of the premier scholars of American political development of his generation.' Jonathan Zeitlin, University of Wisconsin

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