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Corporate power, ideology, and the law : an essay on …

At first glance, the NCF focus on collective bargaining may seem to reflect the corporate moderates' acceptance of an equal relation between capital and labor in a pluralistic American context, which would not fit with the theory of corporate dominance reflected in this document, and on this site more generally. But from a class-dominance perspective, collective bargaining is not about pluralism or values or decency, none of which had been in evidence in the periodic violence and use of repression by employers in the years following 1877. Instead, the concept of collective bargaining is the outcome of a power struggle that reflects the underlying balance of power in favor of the corporations. From the corporate point of view, a focus on collective bargaining involved a narrowing of demands by AFL unions to a manageable level. It held out the potential for satisfying most craft-union members at the expense of the unskilled workers and socialists in the workforce, meaning that it decreased the possibility of a challenge to the economic system itself. However farfetched in hindsight, the possibility of such a challenge seemed to have some validity in the early twentieth century due to the volatility of capitalism, the seeming plausibility of at least some aspects of Marx's theory of inevitable collapse, and the strong socialist sentiments of a growing minority of intellectuals and workers. From the corporate moderates' point of view, which did not have the benefit of twentieth-century history as a guide, it is understandable that they preferred unions for skilled workers to periodic disruption by frustrated workers or constant political challenges from socialists, who incidentally won a growing number of city and state elections in the first 10 to 15 years after they founded a new political party in 1901 (e.g., Weinstein 1967).

Akard, Patrick. 1992.

Corporate Power and China's Rise | Foreign Affairs

Although they surely understood the shifting power equation, Roosevelt, most corporate leaders, and top AFL leaders probably did not fully grasp the growing militancy of industrial workers or the increasing acceptance of trade unionism by Congressional liberals, which of course fed on each other. The corporate policy-planning network had helped to legitimate an idea (collective bargaining) and create a mechanism (the National Labor Board) that were fast taking on lives of their own, although it is more accurate to say that these ideas had gained new supporters in the changing circumstances of the New Deal. The moderate conservatives had lost control of the concept of collective bargaining to liberals and industrial unionists. Senator Wagner, Lewis, Hillman, and the lawyers for the National Labor Board, most of them corporate lawyers or law school professors, would come to center stage to fight for an improved version of the labor board that corporate moderates in the Rockefeller industrial relations network had created and then abandoned.

The Overlooked Importance of Corporate Power

Although the administration soon claimed that the outcome of its first serious attempt at institutionalizing restraint by both corporations and unions was on balance a successful one, even though there were subsequent piecemeal price hikes by most steel companies, it was hesitant thereafter to become actively involved in contract negotiations. In the aftermath, one of Kennedy's CEA appointees did a careful study of the experience of several European governments with wage-price policies. He concluded that they did not do any better in holding down wages and prices, even though they had more power over these issues than did the American government (Barber 1975, p. 175). Moreover, the episode reinforced organized labor's wariness of guidelines as more likely to restrain wages than prices, partly because wages are more easily monitored than prices, but also because of the corporate community's general clout. In addition, agreeing to wage-price guidelines would imply that organized labor tacitly accepted the current distribution of income between wages and profits as being fair, but that seemed morally wrong to many union activists, liberals, and leftists, especially at a time when profits were soaring (Dark 2001, pp. 64-66).

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Corporate Social Responsibility Essay | Corporate …

Gangs of America describes the expansion of corporate legal empowerment onto the global stage through international agreements such as the North American Free Trade Agreement, which boosted the legal powers of corporations to the level of sovereign nations. The book pays special attention to recent events, including campaign finance reform, the financial scandals of 2002, and the growing movement to redefine the corporation and limit corporate power.

Essay for Company law on Corporate Social Responsibility ..

Ted Nace worked as a researcher on electric utility policy for the Environmental Defense Fund and as staff director of the Dakota Resource Council, a grassroots group seeking to protect farms and ranches from strip mines and other energy projects. In 1985, he founded Peachpit Press, the world’s leading publisher of books on computer graphics and desktop publishing. After selling Peachpit Press to British publishing conglomerate Pearson, Nace felt driven to understand the historical roots of corporate political power. Gangs of America, the result of that quest, features Nace’s engaging, personal, and complex voicethat of a writer, a businessman, and an activist.

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“A brilliant page-turner revealing how powerful, greedy corporations wage institutional terrorism. Reading it is the first step to saving our communities, our democracy and our planet’s environment.”