ABSTRACT

This book, obviously, stems from the work of.Professor William Z. Ripley. It is devoted to establishing, factually, that "ownership of wealth without appreciable control and control of wealth without appreciable ownership appear to be the logical outcome of corporate development." (p. 69.)

These propositions are satisfactorily established by a wealth of evidence, doubtless collected by the able and industrious Dr. Means. (pp. 47-119) No quarrel can be found with the factual conclusions that the desires of corporate organizers, as well as the vast sums of money necessary to establish and carry on large corporations, result in the concentration of managerial control in the hands of those who own but a minority of the stock.