ABSTRACT

THEcontinuedandcontinuinggrowthofthelargecorporation,theattendantchangesinitsinternal

structureandmarketrelations,andthe -inpart-inducedreactionstocorporatesizeofothergroupsandofgovernmentaresaidtobecreatinganewtype ofcapitalismintheUnitedStates markedlydifferentfromourownecon-

o~yoffiftyyearsagoandprofoundly d1fferentfromthecapitalismofwestern Europe.Fortunemagazinehailsthis changeasthe"permanentrevolution."1 Berlecallsitthe"twentiethcentury capitalistrevolution."2GardinerMeans refersto"collectivecapitalism"asdistinguishedfromtheclassicalvariety.a Soberer,thoughlessarticulate,businessmenandbusinessgroupsagreethatthe American"enterprisesystem,"assome liketocallit,issomethingnewanddif-

ferent,andEuropeanobserverswho sharethisviewarenotlacking.