Recent events—the Citizens United Supreme Court decision, the
Occupy Wall Street movement, and efforts to increase the minimum
wage, among others—have driven a tremendous surge of interest in
the political power of business. Capital Gains collects some of the
most innovative new work in the field. The chapters explore the
influence of business on American politics in the twentieth century
at the federal, state, and municipal levels. From corporate
spending on city governments in the 1920s to business support for
public universities in the postwar period, and from business
opposition to the Vietnam War to the corporate embrace of civil
rights, the contributors reveal an often surprising portrait of the
nation's economic elite. Contrary to popular mythology, business
leaders have not always been libertarian or rigidly devoted to
market fundamentalism. Before, during, and after the New Deal,
important parts of the business world sought instead to try to
shape what the state could accomplish and to make sure that
government grew in ways that were favorable to them. Appealing to
historians working in the fields of business history, political
history, and the history of capitalism, these essays highlight the
causes, character, and consequences of business activism and
underscore the centrality of business to any full understanding of
the politics of the twentieth century—and today. Contributors:
Daniel Amsterdam, Brent Cebul, Jennifer Delton, Tami Friedman, Eric
Hintz, Richard R. John, Pamela Walker Laird, Kim Phillips-Fein,
Laura Phillips Sawyer, Elizabeth Tandy Shermer, Eric Smith, Jason
Scott Smith, Mark R. Wilson.
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