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Lindblom - The Market System - Afghan Journalists' Committee

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282 Notes<strong>The</strong> remarkable story of the savings-and-loan debacle is inWilliam Greider, Who Will Tell the People: <strong>The</strong> Betrayal of AmericanDemocracy (New York: Simon & Schuster, 1992), chapter 2.Schumpeter’s analysis of popular control of market elites andpolitical elites is in his Capitalism, Socialism, and Democracy(New York: Harper & Brothers, 1942), chapter 21. An interestingshort study is Richard Rose, Accountability to Electorates and tothe <strong>Market</strong>: <strong>The</strong> Alternatives for Public Organizations (Glasgow:University of Strathclyde Center for the Study of Public Policy;Studies in Public Policy 144, 1985).On the variety and extent of state regulation of enterprises theworld over, John Francis, <strong>The</strong> Politics of Regulation: A ComparativePerspective (Oxford: Blackwell, 1993), is a good introduction.On the move to teamwork and other horizontal rather thanvertical methods of internal control, see Thomas Petzinger, Jr.,<strong>The</strong> New Pioneers: <strong>The</strong> Men and Women Who Are Transformingthe Workplace and <strong>Market</strong>place (New York: Simon and Schuster,1999).Do corporations grow because they are efficient or because ofadvantages of monopoly and governmental favor? Alfred D. Chandler,Jr., takes, with qualifications, the efficiency explanation inhis <strong>The</strong> Visible Hand: <strong>The</strong> Managerial Revolution in America(Cambridge: Harvard University Press, 1977). William G. Roytakes, with qualifications, the alternative explanation in his SocializingCapital: <strong>The</strong> Rise of the Large Industrial Corporation inAmerica (Princeton, N.J.: Princeton University Press, 1997).On the frequency of various forms of enterprise ownership, seeHenry Hansmann, <strong>The</strong> Ownership of Enterprise (Cambridge: HarvardUniversity Press, 1996).On privatization, see John Vickers and Vincent Wright, editors,<strong>The</strong> Politics of Privatisation in Western Europe (London: FrankCass, 1989).On troubling questions about the corporation, see David C.Korten, When Corporations Rule the World (West Hartford,Conn.: Kumarian, 1995).

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