The Southwestern Historical Quarterly, Volume 44, July 1940 - April, 1941 Page: 281
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cal and biographical material makes it of more general interest
to the lay reader than the usual case book. The scope, both in
time and variety of business activity, makes appeal not only
to the historian and economist, but also to the student special-
izing in nearly any field of business administration.
The authors, recalling the course of industrial capitalism and
of financial capitalism, assert that by analogy we might expect
that national capitalism would reach its height during the next
secular trend upward, in the period from the 1950's to the
1980's. On the other hand, they query, will national socialism,
being first democratic, then autocratic, become Napoleonic and
destroy itself by excessive taxes and bloody war? The book
does not center around or extensively discuss this quandary.
Merely posing the question shows the contribution which the
perspective of business history can make for the solution of
current problems. The narration is, on the whole, without fear
or favor. In a few instances, notably in the case of Armour,
company reports and statements are presented at face value
when some criticism could supply a truer picture.
E. KARL MCGINNIS.
The University of Texas.
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Texas State Historical Association. The Southwestern Historical Quarterly, Volume 44, July 1940 - April, 1941, periodical, 1941; Austin, Texas. (texashistory.unt.edu/ark:/67531/metapth146052/m1/304/: accessed September 21, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting Texas State Historical Association.