ABSTRACT

While the corporatist economists did an excellent job of analyzing the dangers of competition, finance represents a serious blind spot in the corporatist analysis. Although finance plays a crucial role in a modern market economy, the corporatists in general looked at the economy from the standpoint of the productive reorganization of industry. A few of the corporatists were also concerned about banking, but they avoided any reference whatsoever to the motives of the financial agents who were to engineer these changes in industry.