Corporate Dreams: Big Business in American Democracy from the Great Depression to the Great Recession

Author:   James Hoopes
Publisher:   Rutgers University Press
ISBN:  

9780813551302


Pages:   248
Publication Date:   04 October 2011
Format:   Hardback
Availability:   In Print   Availability explained
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Corporate Dreams: Big Business in American Democracy from the Great Depression to the Great Recession


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Overview

Public trust in corporations plummeted in the wake of the 2008 financial crisis, when “Lehman Brothers” and “General Motors” became dirty words for many Americans. In Corporate Dreams, James Hoopes argues that Americans still place too much faith in corporations and, especially, in the idea of “values-based leadership” favored by most CEOs. The danger of corporations, he suggests, lies not just in their economic power, but also in how their confused and undemocratic values are infecting Americans’ visions of good governance.  Corporate Dreams proposes that Americans need to radically rethink their relationships with big business and the government. Rather than buying into the corporate notion of “values-based leadership,” we should view corporate leaders with the same healthy suspicion that our democratic political tradition teaches us to view our political leaders. Unfortunately, the trend is moving the other way. Corporate notions of leadership are invading our democratic political culture when it should be the reverse. To diagnose the cause and find a cure for our toxic attachment to corporate models of leadership, Hoopes goes back to the root of the problem, offering a comprehensive history of corporate culture inAmerica, from the Great Depression to today’s Great Recession. Combining a historian’s careful eye with an insider’s perspective on the business world, this provocative volume tracks changes in government economic policy, changes in public attitudes toward big business, and changes in how corporate executives view themselves. Whether examining the rise of Leadership Development programs or recounting JFK’s Pyrrhic victory over U.S. Steel, Hoopes tells a compelling story of how America lost its way, ceding authority to the policies and values of corporate culture. But he also shows us how it’s not too late to return to our democratic ideals—and that it’s not too late to restore the American dream.

Full Product Details

Author:   James Hoopes
Publisher:   Rutgers University Press
Imprint:   Rutgers University Press
Dimensions:   Width: 15.20cm , Height: 2.00cm , Length: 22.90cm
Weight:   0.481kg
ISBN:  

9780813551302


ISBN 10:   0813551307
Pages:   248
Publication Date:   04 October 2011
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

Acknowledgments Introduction Part I. The Corporate American Dream at Its Height and in Its Origins 1. The Corporate American Dream 2. Corporate and National Character 3. From Public Purpose to Private Profit 4. Corporations as Enemies of the Free Market Part II. Corporate Failure and Government Fix 5. Corporate Crashes 6. Managers versus Markets 7. Corporations Blow Their Chance to End the Depression 8. Roosevelt's Confused Anticorporatism Part III. The Corporation Strikes Back 9. The Right to Manage 10. Corporations Recover Their Moral Authority 11. Killing the Unions Softly 12. Creating Reagan and His Voters Part IV. What Manner of Man(ager)? 13. Masking the Arrogance of Power 14. Responsibility versus Profit at General Motors 15. Critics of Managerial Character 16. JFK's Pyrrhic Victory over U.S. Steel Part V. The Corporation in the Wilderness Again 17. McNamara and the Staffers 18. The False Confidence of the Anticorporatists 19. Corporate America Loses World Supremacy 20. Laying the Groundwork for the Corporation's Cultural Comeback Part VI. Leadership 21. Managing by Values 22. Creating the Concept of Corporate Culture 23. Inventing the Leadership Development Industry 24. Reagan Aids Corporations by Bashing Government Part VII. Entrepreneurship 25. Supply-Siders versus the Big Corporation 26. Reengineering the Corporation 27. George W. Bush, Enron, and the Great Recession 28. Can the Corporate American Dream Be Saved? Notes Index

Reviews

"""Hoopes throws his hat into the ring of books on the evils of corporate America. Hoopes seeks to resurrect in Americans a 'moderate anticorporatism' by tracing the history of corporate culture from the 1930s to the end of George W. Bush's presidency. He divides the book into seven parts that correspond to stages in the evolutionary time line of corporate culture, each of which includes four vignettes that describe a defining event or important personality that significantly impacted the stage. A quick read with academic flavor, this title will appeal to fans of political and business history as well as those looking to better understand what led to America's latest recession.""-- ""Library Journal"" (8/15/2011 12:00:00 AM) ""In this expansive, engaging, and learned history of the ever-changing set of ideas and ideologies which have legitimated corporate power and profit in America, James Hoopes explores the presumptions, popular as well as academic, that have for so long sustained managerial authority and corporate prestige. Because Hoopes is a thoughtful ethicist, as well as an accomplished historian of business enterprise, his book has the kind of moral weight and political urgency that commend it to a very wide readership indeed.""--Nelson Lichtenstein ""MacArthur Foundation Chair in History, University of California, Santa Barbara"" (5/25/2011 12:00:00 AM) ""James Hoopes believes we need to understand the differences between valid 'entrepreneurial leadership in politics and government' and tired versions of corporate fluff. He argues that simplistic president-as-chief-executive-officer equations of politics and business are dangerous. This short book is informative."" -- ""Journal of American History"" (9/1/2012 12:00:00 AM) ""Throughout American history, there has been an intriguing tension between corporate authoritarian rule and the democratic ideals of the government. Hoopes argues in this timely volume that despite prevailing anticorporatism, Americans have been in awe of corporations and have placed too much faith in their leadership. He examines the ebb and flow of illusions surrounding business management from the Great Depression to the great recession and seeks to reveal that the corporation is a moral paradox that improves prosperity by subjecting its workforce to overbearing authority. Hoopes argues that Americans must understand the usefulness of corporations while being wary of their power, and must maintain discerning suspicion of corporate power as they have been mindful of politicians. Excellent chapter on critics of managerial character. Recommended."" -- ""Choice"" (4/1/2012 12:00:00 AM)"


Hoopes throws his hat into the ring of books on the evils of corporate America. Hoopes seeks to resurrect in Americans a 'moderate anticorporatism' by tracing the history of corporate culture from the 1930s to the end of George W. Bush's presidency. He divides the book into seven parts that correspond to stages in the evolutionary time line of corporate culture, each of which includes four vignettes that describe a defining event or important personality that significantly impacted the stage. A quick read with academic flavor, this title will appeal to fans of political and business history as well as those looking to better understand what led to America's latest recession. --Nelson Lichtenstein Library Journal In this expansive, engaging, and learned history of the ever-changing set of ideas and ideologies which have legitimated corporate power and profit in America, James Hoopes explores the presumptions, popular as well as academic, that have for so long sustained managerial authority and corporate prestige. Because Hoopes is a thoughtful ethicist, as well as an accomplished historian of business enterprise, his book has the kind of moral weight and political urgency that commend it to a very wide readership indeed. --Nelson Lichtenstein MacArthur Foundation Chair in History, University of California, Santa Barbara Throughout American history, there has been an intriguing tension between corporate authoritarian rule and the democratic ideals of the government. Hoopes argues in this timely volume that despite prevailing anticorporatism, Americans have been in awe of corporations and have placed too much faith in their leadership. He examines the ebb and flow of illusions surrounding business management from the Great Depression to the great recession and seeks to reveal that the corporation is a moral paradox that improves prosperity by subjecting its workforce to overbearing authority. Hoopes argues that Americans must understand the usefulness of corporations while being wary of their power, and must maintain discerning suspicion of corporate power as they have been mindful of politicians. Excellent chapter on critics of managerial character. Recommended. --Nelson Lichtenstein Choice James Hoopes believes we need to understand the differences between valid 'entrepreneurial leadership in politics and government' and tired versions of corporate fluff. He argues that simplistic president-as-chief-executive-officer equations of politics and business are dangerous. This short book is informative. --Nelson Lichtenstein Journal of American History


In this expansive, engaging, and learned history of the ever-changing set of ideas and ideologies which have legitimated corporate power and profit in America, James Hoopes explores the presumptions, popular as well as academic, that have for so long sustained managerial authority and corporate prestige. Because Hoopes is a thoughtful ethicist, as well as an accomplished historian of business enterprise, his book has the kind of moral weight and political urgency that commend it to a very wide readership indeed. --Nelson Lichtenstein MacArthur Foundation Chair in History, University of California, Santa Barbara Hoopes throws his hat into the ring of books on the evils of corporate America. Hoopes seeks to resurrect in Americans a 'moderate anticorporatism' by tracing the history of corporate culture from the 1930s to the end of George W. Bush's presidency. He divides the book into seven parts that correspond to stages in the evolutionary time line of corporate culture, each of which includes four vignettes that describe a defining event or important personality that significantly impacted the stage. A quick read with academic flavor, this title will appeal to fans of political and business history as well as those looking to better understand what led to America's latest recession. --Library Journal James Hoopes believes we need to understand the differences between valid 'entrepreneurial leadership in politics and government' and tired versions of corporate fluff. He argues that simplistic president-as-chief-executive-officer equations of politics and business are dangerous. This short book is informative. --Journal of American History Throughout American history, there has been an intriguing tension between corporate authoritarian rule and the democratic ideals of the government. Hoopes argues in this timely volume that despite prevailing anticorporatism, Americans have been in awe of corporations and have placed too much faith in their leadership. He examines the ebb and flow of illusions surrounding business management from the Great Depression to the great recession and seeks to reveal that the corporation is a moral paradox that improves prosperity by subjecting its workforce to overbearing authority. Hoopes argues that Americans must understand the usefulness of corporations while being wary of their power, and must maintain discerning suspicion of corporate power as they have been mindful of politicians. Excellent chapter on critics of managerial character. Recommended. --Choice


In this expansive, engaging, and learned history of the ever-changing set of ideas and ideologies which have legitimated corporate power and profit in America, James Hoopes explores the presumptions, popular as well as academic, that have for so long sustained managerial authority and corporate prestige. Because Hoopes is a thoughtful ethicist, as well as an accomplished historian of business enterprise, his book has the kind of moral weight and political urgency that commend it to a very wide readership indeed. --Nelson Lichtenstein MacArthur Foundation Chair in History, University of California, Santa Barbara (05/25/2011)


James Hoopes believes we need to understand the differences between valid 'entrepreneurial leadership in politics and government' and tired versions of corporate fluff. He argues that simplistic president-as-chief-executive-officer equations of politics and business are dangerous. This short book is informative.


Author Information

JAMES HOOPES is Murata Professor of Business Ethics at Babson College. He has written several books, on subjects ranging from business history to American political theory, including Hail to the CEO: George W. Bushand the Failure of Moral Leadership.

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