Download e-book for kindle: Antitrust and the Formation of the Postwar World (Columbia by Wyatt Wells

By Wyatt Wells

ISBN-10: 0231123981

ISBN-13: 9780231123983

ISBN-10: 023112399X

ISBN-13: 9780231123990

Today antitrust legislation shapes the coverage of virtually each huge corporation, regardless of the place based. yet this wasn't consistently the case. ahead of international battle II, the legislation of so much commercial international locations tolerated or even inspired cartels, while American statutes banned them. within the wake of worldwide warfare II, the us committed substantial assets to development a liberal financial order, which Washington believed used to be essential to conserving not just prosperity but additionally peace after the conflict. Antitrust used to be a cornerstone of that coverage. This interesting booklet exhibits how the USA sought to impose—and with what results—its antitrust coverage on different international locations, specifically in Europe and Japan.

Wyatt Wells chronicles how the assault on cartels and monopoly in another country affected every little thing from strength coverage and exchange negotiations to the career of Germany and Japan. He exhibits how a small team of zealots led by means of Thurman Arnold, who grew to become head of the Justice Department's Antitrust department in 1938, specific cartels and big businesses during the global: IG Farben of Germany, Mitsui and Mitsubishi of Japan, Imperial Chemical Industries of england, Philips of the Netherlands, DuPont and normal electrical of the us, and extra. Wells brilliantly exhibits how consequently, the architects of the postwar economy—notably Lucius Clay, John McCloy, William Clayton, Jean Monnet, and Ludwig Erhard—uncoupled political ideology from antitrust coverage, remodeling Arnold's attempt right into a skill to advertise enterprise potency and inspire competition.

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Antitrust and the Formation of the Postwar World (Columbia Studies in Contemporary American History) by Wyatt Wells

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