Catalogue

COVID-19: Updates on library services and operations.

Conglomerates and the evolution of capitalism /
by Charles R. Spruill.
imprint
Carbondale : Southern Illinois University Press, c1982.
description
x, 188 p. : ill. ; 24 cm. --
ISBN
0809310120
format(s)
Book
Holdings
More Details
imprint
Carbondale : Southern Illinois University Press, c1982.
isbn
0809310120
general note
Includes index.
catalogue key
4384041
 
Bibliography: p. [172]-180.
A Look Inside
Summaries
Main Description
What motivates a firm to become a con­glomerate? How do conglomerates change the structure of the economy? What effects do conglomerates have on both output and labor markets? How do conglomerates affect the evolution of capitalism? These questions motivated Spruill to write his book. He had noted an "insatiable ap­petite on the part of large firms to become larger and more diversified. For instance, Gulf and Western had expanded to the point where its product lines included auto parts, aerospace, electronics, minerals, and movies. Beatrice Foods produced, among other things, ice cream, peanuts, and toilet seats." Spruill's book contains a wider scope than that of any other economist surveying the emergence of conglomerates. After tracing the history of capitalism and its evolution into the conglomerate movement in chapter 1, he delves into the reasons firms diversify in chapter 2.His third chapter offers new data concerning the degree of diversification in the manufacturing sector of the economy. Chapter 4focuses on the power relation­ship between labor unions and conglomerate firms; conglomerates erode union power, and the unions are fighting back. Chapter 5is an institutional analysis of the evolu­tion of capitalism, concentrating on the na­ture of the economic system in light of its progression from Jeffersonian capitalism to monopoly capitalism to conglomerate cap­italism. Chapter 6 discusses reasons for gov­ernment vacillation in implementing policy concerning conglomerates. The Federal Trade Commission and the Justice Department are daily embroiled in conglomerate merger activities: the ques­tions and issues confronted by these agencies are the questions and issues Spruill confronts in this book.
Main Description
What motivates a firm to become a con glomerate? How do conglomerates change the structure of the economy? What effects do conglomerates have on both output and labor markets? How do conglomerates affect the evolution of capitalism? These questions motivated Spruill to write his book. He had noted an "insatiable ap petite on the part of large firms to become larger and more diversified. For instance, Gulf and Western had expanded to the point where its product lines included auto parts, aerospace, electronics, minerals, and movies. Beatrice Foods produced, among other things, ice cream, peanuts, and toilet seats." Spruill's book contains a wider scope than that of any other economist surveying the emergence of conglomerates. After tracing the history of capitalism and its evolution into the conglomerate movement in chapter 1, he delves into the reasons firms diversify in chapter 2.His third chapter offers new data concerning the degree of diversification in the manufacturing sector of the economy. Chapter 4focuses on the power relation ship between labor unions and conglomerate firms; conglomerates erode union power, and the unions are fighting back. Chapter 5is an institutional analysis of the evolu tion of capitalism, concentrating on the na ture of the economic system in light of its progression from Jeffersonian capitalism to monopoly capitalism to conglomerate cap italism. Chapter 6 discusses reasons for gov ernment vacillation in implementing policy concerning conglomerates. The Federal Trade Commission and the Justice Department are daily embroiled in conglomerate merger activities: the ques tions and issues confronted by these agencies are the questions and issues Spruill confronts in this book.
Table of Contents
Introductionp. 1
Motives for Diversificatonp. 13
Firm Diversification And: Economic Structurep. 44
Conglomerate Firms and Labor Unionsp. 69
The Evolution of Capitalismp. 88
Conglomerates and Policyp. 117
Appendixesp. 137
Notesp. 161
Bibliographyp. 172
Indexp. 181
Table of Contents provided by Publisher. All Rights Reserved.

This information is provided by a service that aggregates data from review sources and other sources that are often consulted by libraries, and readers. The University does not edit this information and merely includes it as a convenience for users. It does not warrant that reviews are accurate. As with any review users should approach reviews critically and where deemed necessary should consult multiple review sources. Any concerns or questions about particular reviews should be directed to the reviewer and/or publisher.

  link to old catalogue

Report a problem