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[N]o one may be trusted with much power--no person, no faction, no nation, no religious body, no corporation, no labor union,… no organization of any kind. [H. Simons, Economic Policy for a Free Society, Chicago: University of Chicago Press, 1948, p. 241.]

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Reference

  1. Some excellent examples are: (a) A. A. Berle, Power, New York: Harcourt, Brace, and World, 1967; (b) A. Cox, P. Furlong, and E. Page, Power in Capitalist Societies: Theory, Explanations,and Cases, New York: St. Martin’s, 1985; (c) J. K. Galbraith, The Anatomy of Power, Boston: Houghton Mifflin, 1983; (d) N. Cousins, The Pathology of Power, New York: Norton, 1987; and (e) W. Adams and J. W. Brock, The Bigness Complex,New York: Pantheon Books, 1986.

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  2. The American Heritage Dictionary, Second College Edition, Boston: Houghton Mifflin, 1983, p. 971.

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  3. Ibid., pp. 971–72.

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  4. As examples: C. H. Persell, Understanding Society,New York: Harper and Row, 1987, p. 354; and I. Robertson, Sociology, New York: Worth, 1987, p. 596.

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  5. M. Weber, The Theory of Social and Economic Organization, New York: Free Press, 1957 (as quoted in A. Thio, Sociology: An Introduction, New York: Harper and Row, 1986, p. 357).

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  6. M. E. Olsen, Power in Societies, New York: Macmillan, 1970, p. 3.

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  7. A. Etzioni, The Active Society, New York: Free Press, 1968, pp. 314–23 and 357–61.

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  8. R. Bierstedt, “An Analysis of Social Power,” American Sociological Review, December 1950, pp. 730–38.

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  9. R. Dubin, “Power, Function, and Organization,” Pacific Sociological Review, Spring 1963, pp. 16–22.

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  11. !bid, p. 204.

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  12. H. D. I asswell and A. Kaplan, Power and Society, New Haven: Yale University Press, 1950.

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  13. D. Hellriegel, J. W. Slocum, and R. W. Woodman, Organizational Behavior, St. Paul: West, 1986, pp. 462–64.

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  14. “Control” in the sense of ability to decide how property can be used subject to statutory and case law.

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  15. See A. A. Berle, The American Economic Republic, New York: Harcourt, Brace, and World, 1963, pp. 24–54; and D. A. Bazelon, The Paper Economy, New York: Random House, 1963, pp. 175–90.

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  16. G. E. Mosca, The Ruling Class, New York: McGraw-Hill, 1939.

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  18. T. R. Dye and L. H. Zeigler, The Irony of Democracy, North Scituate: Duxbury Press,1982, pp. 3–18.

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  19. P. Bachrach, The Theory of Democratic Elitism, Boston: Little, Brown, 1967.

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  20. This section is based on: D. M. Ogden, Jr., “How National Policy is Made,” Increasing Understanding of Public Problems and Policies, Chicago: Farm Foundation, 1971, pp. 5–9.

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  21. See R. D. Peterson, “Product Differentiation, Implicit Theorizing, and the Methodology of Industrial Organization,” Nebraska Journal of Economics and Business, Spring 1980, pp. 22–36.

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  22. A. P. Lerner, “The Concept of Monopoly and the Measurement of Monopoly Power,” Review of Economic Studies, June 1934, pp. 157–75

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  23. J. V. Koch, Industrial Organization and Prices, 2nd ed., Englewood Cliffs: Prentice-Hall, 1980, pp. 62–3.

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  24. This point is discussed in C. E. Ayres, The Theory of Economic Progress, New York: Schrocken, 1962, pp. 155–76.

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  25. A. Marshall, Principles of Economics, 8th ed., New York: Macmillan, 1948.

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  26. E. H. Chamberlin, The Theory of Monopolistic Competition, 8th ed., Cambridge: Harvard University Press, 1962, pp. 56–7.

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© 1991 Springer Science+Business Media New York

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Peterson, R.D. (1991). Power. In: Political Economy and American Capitalism. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-3874-1_3

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  • DOI: https://doi.org/10.1007/978-94-011-3874-1_3

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-94-010-5724-0

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