Certainly the political assets of American labor organizations are formidable in both manpower and money. Unlike corporations, eighteen million union… - Neil H. Jacoby

The postwar tendency of foreign governments to intervene directly in the regulation of petroleum production and pricing contrasts sharply with the laissez-faire policies followed up to World War II. Formerly, rates of output and prices were almost entirely within the discretion of the private oil companies.

Like their counterparts in other Third World nations, Middle Eastern socialist-orientated regimes are inefficient and mismanaged, and they tolerate the use of the political payments by those who must deal with them… The Middle East is one of the world’s most politically volatile regions. Nationalization of foreign investment is frequent, and taxation is high. National rivalries and the unresolved Israeli-Arab conflict contribute to the investor’s political risks.

Reformist critics comprise the majority of contemporary critics of American business. To a considerable extent, their demand is not for new or stricter governmental controls, but for attitudes and policies on the part of corporate leaders that are more responsive to public needs. Our society needs reformist critics and the author counts himself among them.