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Born June 8, 1896, in Windham, Conn. American economist. Member of the American Economic Association, the American Statistical Association, and the Econometric Society.
Means wrote about monopolies and their influence on social life. In the 1930’s he criticized monopolies; however, he later came to the defense of large corporations. In the 1960’s, Means advanced the theory of so-called collective capitalism, according to which modern corporations are not private but collective enterprises and serve the interests of society. The theory of collective capitalism is one of the apologetic theories that seek to conceal the real essence of modern state-monopoly capitalism.
WORKSThe Modern Corporation and Private Property. New York, 1933. (In collaboration with A. A. Berle.)
The Structure of the American Economy, parts 1–2. Washington, 1939–40.
“Collective Capitalism and Economic Theory.” Science, 1957, vol. 126, no. 3268.
Pricing Power and the Public Interest. New York .
The Corporate Revolution in America. [New York, 1962.]
V. I. NEZNANOV