Antitrust and the Formation of the Postwar World

Nonfiction, Reference & Language, Law, Antitrust, Social & Cultural Studies, Political Science, Politics, Economic Policy, History
Cover of the book Antitrust and the Formation of the Postwar World by Wyatt Wells, Columbia University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Wyatt Wells ISBN: 9780231502733
Publisher: Columbia University Press Publication: December 26, 2001
Imprint: Columbia University Press Language: English
Author: Wyatt Wells
ISBN: 9780231502733
Publisher: Columbia University Press
Publication: December 26, 2001
Imprint: Columbia University Press
Language: English

Today antitrust law shapes the policy of almost every large company, no matter where headquartered. But this wasn't always the case. Before World War II, the laws of most industrial countries tolerated and even encouraged cartels, whereas American statutes banned them. In the wake of World War II, the United States devoted considerable resources to building a liberal economic order, which Washington believed was necessary to preserving not only prosperity but also peace after the war. Antitrust was a cornerstone of that policy. This fascinating book shows how the United States sought to impose—and with what results—its antitrust policy on other nations, especially in Europe and Japan.

Wyatt Wells chronicles how the attack on cartels and monopoly abroad affected everything from energy policy and trade negotiations to the occupation of Germany and Japan. He shows how a small group of zealots led by Thurman Arnold, who became head of the Justice Department's Antitrust Division in 1938, targeted cartels and large companies throughout the world: IG Farben of Germany, Mitsui and Mitsubishi of Japan, Imperial Chemical Industries of Britain, Philips of the Netherlands, DuPont and General Electric of the United States, and more. Wells brilliantly shows how subsequently, the architects of the postwar economy—notably Lucius Clay, John McCloy, William Clayton, Jean Monnet, and Ludwig Erhard—uncoupled political ideology from antitrust policy, transforming Arnold's effort into a means to promote business efficiency and encourage competition.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Today antitrust law shapes the policy of almost every large company, no matter where headquartered. But this wasn't always the case. Before World War II, the laws of most industrial countries tolerated and even encouraged cartels, whereas American statutes banned them. In the wake of World War II, the United States devoted considerable resources to building a liberal economic order, which Washington believed was necessary to preserving not only prosperity but also peace after the war. Antitrust was a cornerstone of that policy. This fascinating book shows how the United States sought to impose—and with what results—its antitrust policy on other nations, especially in Europe and Japan.

Wyatt Wells chronicles how the attack on cartels and monopoly abroad affected everything from energy policy and trade negotiations to the occupation of Germany and Japan. He shows how a small group of zealots led by Thurman Arnold, who became head of the Justice Department's Antitrust Division in 1938, targeted cartels and large companies throughout the world: IG Farben of Germany, Mitsui and Mitsubishi of Japan, Imperial Chemical Industries of Britain, Philips of the Netherlands, DuPont and General Electric of the United States, and more. Wells brilliantly shows how subsequently, the architects of the postwar economy—notably Lucius Clay, John McCloy, William Clayton, Jean Monnet, and Ludwig Erhard—uncoupled political ideology from antitrust policy, transforming Arnold's effort into a means to promote business efficiency and encourage competition.

More books from Columbia University Press

Cover of the book When Did the Statue of Liberty Turn Green? by Wyatt Wells
Cover of the book Head Cases by Wyatt Wells
Cover of the book Why This New Race by Wyatt Wells
Cover of the book Reset by Wyatt Wells
Cover of the book Intimate Violence by Wyatt Wells
Cover of the book The Lives of Erich Fromm by Wyatt Wells
Cover of the book Governance in the New Global Disorder by Wyatt Wells
Cover of the book People, Plants, and Justice by Wyatt Wells
Cover of the book Sex, Marriage, and Family in World Religions by Wyatt Wells
Cover of the book Strange Wonder by Wyatt Wells
Cover of the book They Live by Wyatt Wells
Cover of the book A Dozen Lessons for Entrepreneurs by Wyatt Wells
Cover of the book Delivering Home-Based Services by Wyatt Wells
Cover of the book The Best Business Writing 2012 by Wyatt Wells
Cover of the book The Rise of Mormonism by Wyatt Wells
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy