BRADY, Robert A.
Business as a System of Power.
First edition, first printing, review copy, with pale inkstamp on the front free endpaper announcing publication on 11 Jan. 1943. This study of the rise of bureaucratic centralism is arguably the most important work in comparative and historical economics of the period. The book offers a comparative study of the six major economies of the interwar years: the United States, Britain, France, Germany, Italy, and Japan. Brady was professor of economics at Columbia University; this is his most widely-read and influential book. “Economists, especially those acquainted with Veblen (or even Adam Smith), will find few surprises when they read that the universal aim of business is to control the market, whether the applicable institution be called monopoly, oligopoly, cartel, collusion, or whatever. That such an aim is not a whim of a particular capitalist or nation is made starkly clear as Brady brings together the economic policy goals of the business groups of the six nations under review, so very similar despite their differences in so many other respects” (Douglas F. Dowd, “Against Decadence: The Work of Robert A. Brady”, Journal of Economic Issues, Vol. 28, 1994).
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Octavo. Original grey cloth, spine lettered and decorated in red. With the printed dust jacket. An excellent copy in the jacket, slightly rubbed at folds.