Corporate control, corporate power : A twentieth century fund study / Edward S. Herman.

Tables include detailed economic statistics; appendices

Includes bibliographical references (pages 332-412) and index.

1. Corporate control: background issues -- 2. Control and strategic position -- 3. Control of the large corporation: evolution and present status -- 4. Financial control of the large corporation -- 5. Government and the large corporation -- 6. The centralization of corporate power -- 7. Power, responsibility, and conflicting imperatives.

"This book is about the corporate order in the United States and some of its special characteristics that affect its relationships with government, its capacity for reform, its responsiveness to external pressures, and its likely short- and medium-term evolution. These matters are addressed from the vantage point of how they are affected by the control of the large corporation; the interests and objectives of those who control it; and the constraints and linkages, internal and external to the firm, that help shape those objectives. In a sense, this book is a reappraisal of the postulate of a 'managerial revolution,' with a more explicit concern than appears in much of the earlier writing on this subject with the forces that shape and limit managerial discretion." -- From the preface