Bücher von Gerald (University of Oregon) Berk

Alternative Tracks reveals a nineteenth-century rival to this political economy-an equally efficient and more democratic system of regional railroads regulated according to republican principles.

This book provides an innovative interpretation of industrialization and statebuilding in the US by tracing the development of regulated competition. Conceptualized by Brandeis and implemented by trade associations and the Federal Trade Commission, regulated competition checked economic power by channelling competition from predation into improvement in products and production processes.