This book is controversial. There can be no disputing the fact that business has not only become enormously powerful but has also centralized and mobilized its forces by means of peak trade assosciations, such as the NAM, which exert an incalculable influence upon the social and political as well as the economic life of the various nations. But whether this immense power is exercised for the popular good or not — whether it can reconciled with continuation of a democratic way of life, or must lead to some form of totalitarianism — these are the controversial questions which must be asnwered by those of us who are concerned for the future of our country and the world.
Dr. Brady presents the facts upon which an answer may be based. He describes the evolution of manufacturing peak associations in four countries which are now totalitarian (Germany, Italy, Japan, and France) and in two countries which still maintain the liberal capitalist position (Great Britain and the United States); the branching, interweaving, surprisingly wide-spread and complicated organization of these associations; their domination by small groups of men representing a few giant concerns; their economic social, and political policies, and the "public relations" programs by means of which these policies are propagated; and their relations to government in time of peace and in time of war, under democracy and under dictatorship. The book offers amazing facts and disturbing parallels for the complacent liberal and the well-meaning conservative, and much solid meat for the scholar.