ABSTRACT
In the days of the socialist thinkers such as Tawney and Cole, there was much discussion of the ‘extra-constitutionality’ of capitalist organisations. We do not have to accept their analysis of where these organisations fit into the larger commonweal (for example, they represented the same class as holds social and economic authority in the community and political authority in the State), to observe that this discussion was, in many senses, extremely acute.
