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…
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