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  • 1
    ISBN: 9781789904963
    Language: English
    Pages: 1 Online-Ressource (224 Seiten)
    Series Statement: New horizons in institutional and evolutionary economics series
    Parallel Title: Erscheint auch als
    Keywords: Kapitalgesellschaft ; Finanzkapitalismus ; Wirtschaftliche Macht ; Corporate Governance ; USA ; Corporations History ; United States Economic conditions 21st century ; Electronic books
    Abstract: Contents: 1. Financialization and the corporation in the twenty-first century -- 2. Capitalist development -- 3. Widening of the market and the transition from scarcity to abundance -- 4. Role of the corporation -- 5. Failure of federal policy to achieve social control -- 6. Corporations and finance -- 7. Case studies in financialization -- 8. Creating the path forward by social control -- References -- List of cases -- Index.
    Abstract: "This insightful book traces the evolution of corporate power in the United States, from social control over corporate power under early state laws to the modern liberation of the corporation serving primarily private purposes. It illustrates how the transition of attitudes towards corporations and dynamic changes in public policy have ushered in an age of financial fragility, income inequality and macroeconomic instability. The book employs an evolutionary methodology to consider the role of the corporation in the US economy, and how that role as a tool for public purposes, defined by special charters, changed with the widening of markets and increasing industrial capacity for mass production. Evaluating the stages of capitalist development, chapters demonstrate how the co-evolution of law, economics and finance altered economic organization, leading to the evolution of core economic concepts such as capital, income and resources. The book examines the transition of corporate purpose towards generating wealth and enhancing profits in the early twentieth century and analyzes recent trends through illuminating case studies in financialization. It concludes with crucial insights into the future of the corporation, offering potential pathways for economists to intervene and address the systemic problems that are endemic to the modern financial era. A rousing and provocative call to arms for modern economists, this book is key reading for scholars and researchers of economics, particularly those focusing on the evolution of economic and business institutions and its impact on the social fabric of the US. Practitioners and policymakers will also benefit from its empirical perspectives on financialization"--
    Note: Includes bibliographical references and index
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  • 2
    Online Resource
    Online Resource
    Northampton, MA : Edward Elgar Publishing, Inc
    ISBN: 9781785361302
    Language: English
    Pages: 1 Online-Ressource (200 p) , cm
    Series Statement: Edward Elgar E-Book Archive
    Series Statement: New horizons in institutional and evolutionary economics
    Parallel Title: Available in another form
    Parallel Title: Erscheint auch als Atkinson, Glen Law and economics from an evolutionary perspective
    DDC: 340.09
    RVK:
    RVK:
    RVK:
    Keywords: Handelsrecht ; Gesellschaftsrecht ; Rechtsökonomik ; Evolutionsökonomik ; USA ; Law and economic development ; Electronic books ; USA ; Handelsrecht ; Gesellschaftsrecht ; Ökonomische Theorie des Rechts
    Abstract: 1. Evolutionary method in law and economics -- 2. Causes and consequences of the widening of the market: a case of cumulative economic evolution -- 3. The corporate form and the state -- 4. Interstate commerce and state regulation of business -- 5. Interstate commerce and federal regulation of business -- 6. John R. Commons and co-evolution of law and economics.
    Abstract: Law and economics are interdependent. Using a historical case analysis approach, this book demonstrates how the legal process relates to and is affected by economic circumstances. Glen Atkinson and Stephen P. Paschall examine this co-evolution in the context of the economic development that occurred in the nineteenth and early twentieth centuries as well as the impact of the law on that development. Specifically, the authors explore the development of a national market, the transformation of the corporation, and the conflict between state and federal control over businesses. Their focus on dynamic, integrated systems presents an alternative to mainstream law and economics. The authors apply John R. Commons's approach to three main law and economics issues: the changing relationship between corporations and the state, the application of the Commerce Clause and the Fourteenth Amendment of the US Constitution to state and federal regulation of business, and the relationship of antitrust law to industrialization. They provide a valuable linking of law with changing economic circumstances such as antitrust policy changes and the development of the corporate form. This analytical approach to the practice of law and economics will be of interest to researchers, students, and faculty in law and economics, economic history, constitutional law, economic regulation, public policy, and the sociology of law. Business students and researchers will also find value in this book's presentation of court decisions and exploration of economic development
    Note: Includes bibliographical references and index
    Library Location Call Number Volume/Issue/Year Availability
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