In This Review

Business Power and Public Policy
Business Power and Public Policy
By Alfred C. Neal
Praeger, 1981, pp.

The former president of the Committee for Economic Development deals trenchantly with such basic issues as fiscal and monetary policies to curb inflation and promote full employment, the dissipation of capital, the social responsibilities of business, the power of unions and increased concentration in industry. Mr. Neal rejects many of the accepted views of businessmen and economists-and quite a few proposals for reform. The real choice for the American economy, he says, is between oligopoly and socialism. His views of national planning and the market, and of what government-business relations should be, make this excellent book very timely.