Thoughts on the American System

Authors

  • Paul M. Sweezy

DOI:

https://doi.org/10.14452/MR-020-09-1969-02_1

Keywords:

Political Economy

Abstract

A change of administration usually provides useful insights into the nature and mode of functioning of the U.S. social order, and in this respect the accession to power of the Nixon regime is no exception. First of all, we can see from Nixon's cabinet appointments how monopoly capitalism tends to rely increasingly for its top functionaries and administrators on men whose chief training and experience have been either in managing and manipulating capital in its most abstract forms or in servicing the system as a whole. In the former category we include bankers and corporation lawyers, in the latter university professors.

Published

1969-02-01

Issue

Section

Review of the Month