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Abstract

[extract] Unlike his fellow scholars, however, Mitchell’s complaint is that American methods are not superior at all. Indeed, his breast beating paean is that U.S. corporations are more irresponsible than others. But, from beginning to end, he does maintain that U.S. methods are, or soon will be, universal. In fact, the book ends on that note: “the overwhelming power and influence of American capital are changing everything, creating nearly irresistible pressures on corporate systems throughout the world to replicate the U.S. model for the benefit of American investors.”

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