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Institutional Economics and the Progressive Movement for the Social Control of American Business
Business History Review ( IF 1.3 ) Pub Date : 2019-01-01 , DOI: 10.1017/s0007680519001259
William J. Novak

This article investigates the history of the Progressive Era effort to develop new techniques and technologies of control over American business and corporations in the late nineteenth and early twentieth centuries. A revolution in Progressive economic regulation was rooted in the intellectual work of the so-called institutional economists—particularly in the context of what economists and lawyers like Richard Ely, John Commons, and Walton Hamilton ultimately talked about as the movement for the “social control” of business, with distinct emphasis on the legal and regulatory “foundations” of modern capitalism. With increased attention to dynamics rather than statics, the real social economy rather than ideal rational actors, and historical and institutional rather than theoretical and abstract renderings of business, industry, and the market, the institutionalists were directly concerned with problems of control, particularly those mechanisms of control available through law, politics, the state, and new technologies of legislative and administrative regulation.

中文翻译:

制度经济学和美国企业社会控制的进步运动

本文调查了 Progressive Era 在 19 世纪末和 20 世纪初开发新技术和控制美国企业和公司的努力的历史。渐进式经济监管的革命植根于所谓的制度经济学家的智力工作——尤其是在理查德·伊利、约翰·康姆斯和沃尔顿·汉密尔顿等经济学家和律师最终所说的“社会控制运动”的背景下”,特别强调现代资本主义的法律和监管“基础”。随着人们越来越关注动态而非静态、真实的社会经济而非理想的理性行为者、以及历史和制度而非商业、工业和市场的理论和抽象渲染,
更新日期:2019-01-01
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