The Power Structure of American Business

Michael Schwartz author Beth A Mintz author

Format:Paperback

Publisher:The University of Chicago Press

Published:1st Jul '87

Currently unavailable, and unfortunately no date known when it will be back

The Power Structure of American Business cover

Mintz and Schwartz offer a fascinating tour of the corporate world. Through an intensive study of interlocking corporate directorates, they show that for the first time in American history the loan making and stock purchasing and selling powers are concentrated in the same hands: the leadership of major financial firms. Their detailed descriptions of corporate case histories include the forced ouster of Howard Hughes from TWA in the late fifties as a result of lenders' pressure; the collapse of Chrysler in the late seventies owing to banks' refusal to provide further capital infusions; and the very different "rescues" of Pan American Airlines and Braniff Airlines by bank intervention in the seventies.

ISBN: 9780226531090

Dimensions: 23mm x 16mm x 2mm

Weight: 539g

348 pages