Stakeholder Capitalism: Postwar to 1960 (1 of 2)

This post discusses the role played by the business community from postwar to 1960, while the next post discusses business political involvement in the 1960s. Subsequent to these two posts, the following posts treat the role of labor similarly.

The business community from the era of the New Deal to the early ’70s often split in its political and governmental activities. On the one side, the US Chamber of Commerce (the Chamber) and the National Association of Manufacturers (NAM), represented what might be called the ultraconservative business community. On the other side were business moderates, often working under the umbrella of the Committee on Economic Development (CED), which was formed in the early ’40s.… Read the rest