Croly

"The constructive idea behind a policy of the recognition of the semi-monopolistic corporation is, of course, the idea that they can be converted into economic agents... for the national economic interest," Croly wrote.

Robert Reich: The Most Important Economic Speech of His Presidency Robert Reich 2011

Obama is advocating Croly's proposal that large corporations be regulated for the nation's good.

Robert Reich: The Most Important Economic Speech of His Presidency Robert Reich 2011

"The constructive idea behind a policy of the recognition of the semi-monopolistic corporation is, of course, the idea that they can be converted into economic agents... for the national economic interest," Croly wrote.

Robert Reich: The Most Important Economic Speech of His Presidency Robert Reich 2011

Some background: In 1909, Herbert Croly, a young political philosopher and journalist, argued in his best-selling The Promise of American Life that the large American corporation should be regulated by the nation and directed toward national goals.

Robert Reich: The Most Important Economic Speech of His Presidency Robert Reich 2011

"The constructive idea behind a policy of the recognition of the semi-monopolistic corporation is, of course, the idea that they can be converted into economic agents... for the national economic interest," Croly wrote.

Robert Reich: The Most Important Economic Speech of His Presidency Robert Reich 2011

Obama is advocating Croly's proposal that large corporations be regulated for the nation's good.

Robert Reich: The Most Important Economic Speech of His Presidency Robert Reich 2011

Obama is advocating Croly's proposal that large corporations be regulated for the nation's good.

Robert Reich: The Most Important Economic Speech of His Presidency Robert Reich 2011

In the phrase of Herbert Croly, whose ideas came to define twentieth-century American government, the approach was Hamiltonian means to Jeffersonian ends -- strong, centralized, top-down government working to provide sustenance to all.

Andrei Cherny: Individual Age Economics Andrei Cherny 2011

Some background: In 1909, Herbert Croly, a young political philosopher and journalist, argued in his best-selling The Promise of American Life that the large American corporation should be regulated by the nation and directed toward national goals.

Robert Reich: The Most Important Economic Speech of His Presidency Robert Reich 2011

Some background: In 1909, Herbert Croly, a young political philosopher and journalist, argued in his best-selling The Promise of American Life that the large American corporation should be regulated by the nation and directed toward national goals.

Robert Reich: The Most Important Economic Speech of His Presidency Robert Reich 2011