Samuel Evan Milner, "Robbing Peter to Pay Paul: Power, Profits, and Productivity in Modern America" (Yale UP, 2021)

Samuel Evan Milner, "Robbing Peter to Pay Paul: Power, Profits, and Productivity in Modern America" (Yale UP, 2021)

Concentrated market power and the weakened sway of corporate stakeholders over management have emerged as leading concerns of American political economy. In his book Robbing Peter to Pay Paul: Power, Profits, and Productivity in Modern America (Yale UP, 2021), economic historian Samuel Milner provides a context for contemporary efforts to resolve these anxieties by examining the contest to control the distribution of corporate income during the mid‑twentieth century. During this “Golden Age of American Capitalism,” apprehension about the debilitating consequences of industrial concentration fueled efforts to ensure that management would share the fruits of progress with workers, consumers, and society as a whole (“stakeholders”). Focusing on wage and price determination in steel, automobiles, and electrical equipment, Milner reveals how the management of concentrated industries understood its ability to distribute income to its stakeholders as well as why economists, courts, and public policymakers struggled to curtail the exercise of that market power at its source. The book could not be timelier, given the recent rise of inflation, wage price pressure, and supply shocks, as well as renewed interest in labor organization and anti-trust legislation. John Emrich has worked for decades in corporate finance, business valuation and fund management. He has a podcast about the investment advisory industry called Kick the Dogma. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/public-policy

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Avsnitt(2131)

Cast Out: A Call For A Forgiving Society in an Age of Incarceration

Cast Out: A Call For A Forgiving Society in an Age of Incarceration

In Cast Out: A Call For A Forgiving Society in an Age of Incarceration (Beacon Press, 2026), civil rights lawyer Joseph Margulies insists that those who commit even the most heinous crimes are one of...

23 Juli 1h

Angela Frederick, "Disabled Power: A Storm, A Grid, and Embodied Harm in the Age of Disaster" (NYU Press, 2025)

Angela Frederick, "Disabled Power: A Storm, A Grid, and Embodied Harm in the Age of Disaster" (NYU Press, 2025)

A call to place disability at the center of climate and disaster responsesEvery disaster is a disability disaster, argues Angela Frederick. Disabled Power: A Storm, A Grid, and Embodied Harm in the Ag...

18 Juli 36min

Georgia Holly et al, .eds., "Heritage in the UN Decade of Ocean Science for Sustainable Development (2021-2030) and Beyond"  (U Edinburgh Press, 2025)

Georgia Holly et al, .eds., "Heritage in the UN Decade of Ocean Science for Sustainable Development (2021-2030) and Beyond" (U Edinburgh Press, 2025)

Heritage in the UN Decade of Ocean Science for Sustainable Development (2021-2030) and Beyond (U Edinburgh Press, 2025) outlines the need to embed Ocean Heritage into ocean science, sustainable dev...

18 Juli 59min

Heart-Centered Connections: Seven Essential Skills for Helping Neurodiverse and Marginalized Children Thrive

Heart-Centered Connections: Seven Essential Skills for Helping Neurodiverse and Marginalized Children Thrive

Heart-Centered Connections: Seven Essential Skills for Helping Neurodiverse and Marginalized Children Thrive is a transformative guide for working with a child who is left out, left behind, or labeled...

16 Juli 35min

Doubled Up: Shared Households and the Precarious Lives of Families

Doubled Up: Shared Households and the Precarious Lives of Families

More than eleven million children in the US live in doubled-up households, sharing space with extended family or friends. These households are even more common among low-income families, families of c...

9 Juli 56min

Nicholas Freudenberg, "Fighting for New York: Activism for Health and Social Justice Since The 1960s" (Columbia UP, 2026)

Nicholas Freudenberg, "Fighting for New York: Activism for Health and Social Justice Since The 1960s" (Columbia UP, 2026)

Today I'm speaking with Nicholas Freudenberg, Distinguished Professor Emeritus of Public Health at the CUNY School of Public Health. We are discussing his book, Fighting for New York: Activism for Hea...

7 Juli 56min

Martina Baradel, "21st Century Yakuza: Death of Japanese Organised Crime" (Oxford UP, 2026)

Martina Baradel, "21st Century Yakuza: Death of Japanese Organised Crime" (Oxford UP, 2026)

Once dominant and institutionalised, the Yakuza, one of Japan's best known criminal organisations, is now shrinking under the combined pressure of legal exclusion, social stigmatisation, and market...

5 Juli 1h 5min

Why Democracy’s Troubles Should Come as No Surprise

Why Democracy’s Troubles Should Come as No Surprise

Why have so many democracies become more polarized, unstable, and vulnerable to authoritarianism? And why did so many political observers fail to see it coming? In this episode of the People, Power, P...

23 Juni 0s

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