A distinguished social economist of my acquaintance, Carl Horowitz, produced a penetrating essay, which is available in the latest issue of Social Contract, on “The Alliance of Corporate Capitalism with Political Radicalism.” Carl demonstrates that black nationalists, revolutionary socialists, and off-the-wall feminists have loyal benefactors among the corporate boards of high-tech enterprises and in older corporations like Pepsi-Cola and Citibank. Carl’s illustrations are vivid and shocking, and his well constructed speech leads me to raise two questions occasioned by his evidence. One: Carl describes his targets as people who are betraying the free enterprise system that has allowed them to flourish, but it might … Continue reading →
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