American Fair Trade: Proprietary Capitalism, Corporatism, and the 'New Competition,' 1890–1940

Author:   Laura Phillips Sawyer (Harvard Business School)
Publisher:   Cambridge University Press
ISBN:  

9781107076822


Pages:   390
Publication Date:   11 January 2018
Format:   Hardback
Availability:   Manufactured on demand   Availability explained
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American Fair Trade: Proprietary Capitalism, Corporatism, and the 'New Competition,' 1890–1940


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Author:   Laura Phillips Sawyer (Harvard Business School)
Publisher:   Cambridge University Press
Imprint:   Cambridge University Press
Dimensions:   Width: 16.00cm , Height: 2.50cm , Length: 23.50cm
Weight:   0.650kg
ISBN:  

9781107076822


ISBN 10:   110707682
Pages:   390
Publication Date:   11 January 2018
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

Table of Contents

Preface; Acknowledgments; Introduction: American competition: trade associations, codes of fair competition, and state building; 1. Contracts and competition in an era of economic uncertainty, 1880–1890; 2. The origins of American fair trade: the Sherman Antitrust Act and conflicting interpretations of law, 1890–1911; 3. The economics and ideology of American fair trade: Louis Brandeis, resale price maintenance, and open price associations, 1911–1919; 4. Institutionalizing the 'new competition', 1920–1928: Herbert Hoover and the adaptation of regulated competition; 5. California fair trade: constitutional federalism and competing visions of fairness in antitrust law, 1929–1933; 6. Managing competition in the Great Depression: between associational and state corporatism, 1929–1938; Conclusion: varieties of competition and corporatism in American governance; Bibliography; Case index; Subject index.

Reviews

Advance praise: 'From Walton Hamilton and Milton Handler to Ellis Hawley and Herbert Hovenkamp, the very best legal and economic scholars have insisted upon the centrality of the law of unfair trade to the history of modern American capitalism. Laura Phillips Sawyer's American Fair Trade reanimates that entire tradition by demonstrating in superb and convincing detail the formative role of fair competition and trade associations in the development of the distinctive forms of public-private governance, administrative law, and economic regulation at the heart of both American capitalism and the modern American state.' William Novak, University of Michigan Law School Advance praise: 'What is fair trade? In this lucid, well-informed, carefully researched, and unfailingly judicious book, Laura Phillips Sawyer provides a boldly revisionist perspective on a historical perennial. In so doing, she joins the growing chorus of historians, lawmakers, businesspeople, and activists who are re-envisioning the antimonopoly tradition for the digital age.' Richard R. John, Columbia University Advance praise: 'American Fair Trade is destined to become a monument in the history of competition policy in the United States. Not only is Professor Sawyer an excellent writer, she is also a skilled integrator of political, economic, legal, and other historical ideas. No one has done a better job of identifying the political, social, and economic conflicts that gave rise to the fair trade movement, explain the resistance to it and the responses in the federal courts, and tell a coherent and believable story about why it finally collapsed. This is intellectual and business history at its very best.' Herbert Hovenkamp, University of Pennsylvania Advance praise: 'A timely and powerful history, this book joins a growing body of work to bring the anti-monopoly tradition out of the wilderness back to the center of American debate. By tracing the fair trade movement from its roots in nineteenth century antitrust into the modern trade association and feminist consumer movements, Laura Phillips Sawyer unearths vital resources to better reconcile equality, efficiency, and democracy in the twenty-first century.' Gerald Berk, author of Louis D. Brandeis and the Making of Regulated Competition


'From Walton Hamilton and Milton Handler to Ellis Hawley and Herbert Hovenkamp, the very best legal and economic scholars have insisted upon the centrality of the law of unfair trade to the history of modern American capitalism. Laura Phillips Sawyer's American Fair Trade reanimates that entire tradition by demonstrating in superb and convincing detail the formative role of fair competition and trade associations in the development of the distinctive forms of public-private governance, administrative law, and economic regulation at the heart of both American capitalism and the modern American state.' William Novak, University of Michigan Law School 'What is fair trade? In this lucid, well-informed, carefully researched, and unfailingly judicious book, Laura Phillips Sawyer provides a boldly revisionist perspective on a historical perennial. In so doing, she joins the growing chorus of historians, lawmakers, businesspeople, and activists who are re-envisioning the antimonopoly tradition for the digital age.' Richard R. John, Columbia University 'American Fair Trade is destined to become a monument in the history of competition policy in the United States. Not only is Professor Sawyer an excellent writer, she is also a skilled integrator of political, economic, legal, and other historical ideas. No one has done a better job of identifying the political, social, and economic conflicts that gave rise to the fair trade movement, explain the resistance to it and the responses in the federal courts, and tell a coherent and believable story about why it finally collapsed. This is intellectual and business history at its very best.' Herbert Hovenkamp, University of Pennsylvania 'A timely and powerful history, this book joins a growing body of work to bring the anti-monopoly tradition out of the wilderness back to the center of American debate. By tracing the fair trade movement from its roots in nineteenth century antitrust into the modern trade association and feminist consumer movements, Laura Phillips Sawyer unearths vital resources to better reconcile equality, efficiency, and democracy in the twenty-first century.' Gerald Berk, author of Louis D. Brandeis and the Making of Regulated Competition


'From Walton Hamilton and Milton Handler to Ellis Hawley and Herbert Hovenkamp, the very best legal and economic scholars have insisted upon the centrality of the law of unfair trade to the history of modern American capitalism. Laura Phillips Sawyer's American Fair Trade reanimates that entire tradition by demonstrating in superb and convincing detail the formative role of fair competition and trade associations in the development of the distinctive forms of public-private governance, administrative law, and economic regulation at the heart of both American capitalism and the modern American state.' William Novak, University of Michigan Law School 'What is fair trade? In this lucid, well-informed, carefully researched, and unfailingly judicious book, Laura Phillips Sawyer provides a boldly revisionist perspective on a historical perennial. In so doing, she joins the growing chorus of historians, lawmakers, businesspeople, and activists who are re-envisioning the antimonopoly tradition for the digital age.' Richard R. John, Columbia University 'American Fair Trade is destined to become a monument in the history of competition policy in the United States. Not only is Professor Sawyer an excellent writer, she is also a skilled integrator of political, economic, legal, and other historical ideas. No one has done a better job of identifying the political, social, and economic conflicts that gave rise to the fair trade movement, explain the resistance to it and the responses in the federal courts, and tell a coherent and believable story about why it finally collapsed. This is intellectual and business history at its very best.' Herbert Hovenkamp, University of Pennsylvania 'A timely and powerful history, this book joins a growing body of work to bring the anti-monopoly tradition out of the wilderness back to the center of American debate. By tracing the fair trade movement from its roots in nineteenth century antitrust into the modern trade association and feminist consumer movements, Laura Phillips Sawyer unearths vital resources to better reconcile equality, efficiency, and democracy in the twenty-first century.' Gerald Berk, author of Louis D. Brandeis and the Making of Regulated Competition 'The analysis is thorough, painstakingly footnoted, and strong on legal aspects. It breaks important ground and has few peers ... Recommended for graduate students through professionals.' M. Larudee, Choice 'From Walton Hamilton and Milton Handler to Ellis Hawley and Herbert Hovenkamp, the very best legal and economic scholars have insisted upon the centrality of the law of unfair trade to the history of modern American capitalism. Laura Phillips Sawyer's American Fair Trade reanimates that entire tradition by demonstrating in superb and convincing detail the formative role of fair competition and trade associations in the development of the distinctive forms of public-private governance, administrative law, and economic regulation at the heart of both American capitalism and the modern American state.' William Novak, University of Michigan Law School 'What is fair trade? In this lucid, well-informed, carefully researched, and unfailingly judicious book, Laura Phillips Sawyer provides a boldly revisionist perspective on a historical perennial. In so doing, she joins the growing chorus of historians, lawmakers, businesspeople, and activists who are re-envisioning the antimonopoly tradition for the digital age.' Richard R. John, Columbia University 'American Fair Trade is destined to become a monument in the history of competition policy in the United States. Not only is Professor Sawyer an excellent writer, she is also a skilled integrator of political, economic, legal, and other historical ideas. No one has done a better job of identifying the political, social, and economic conflicts that gave rise to the fair trade movement, explain the resistance to it and the responses in the federal courts, and tell a coherent and believable story about why it finally collapsed. This is intellectual and business history at its very best.' Herbert Hovenkamp, University of Pennsylvania 'A timely and powerful history, this book joins a growing body of work to bring the anti-monopoly tradition out of the wilderness back to the center of American debate. By tracing the fair trade movement from its roots in nineteenth century antitrust into the modern trade association and feminist consumer movements, Laura Phillips Sawyer unearths vital resources to better reconcile equality, efficiency, and democracy in the twenty-first century.' Gerald Berk, author of Louis D. Brandeis and the Making of Regulated Competition 'The analysis is thorough, painstakingly footnoted, and strong on legal aspects. It breaks important ground and has few peers ... Recommended for graduate students through professionals.' M. Larudee, Choice 'This is a fine work of legal history and business history, and it makes an important contribution to the literature on this formative period in the development of the American regulatory state.' Eric Hilt, Business History Review


Author Information

Laura Phillips Sawyer is an assistant professor at Harvard Business School, Massachusetts, where she teaches in the Business, Government, and International Economy Unit. Her work has appeared in Business History Review, the Journal of the Gilded Age and Progressive Era, and Capital Gains.

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