Adolf Augustus Berle

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The following article is from The Great Soviet Encyclopedia (1979). It might be outdated or ideologically biased.

Berle, Adolf Augustus


Born Jan. 29, 1895, in Boston. American economist and jurist. Former professor at Columbia Law School.

Berle graduated from Harvard University in 1913. From 1945 to 1946 he served as ambassador to Brazil. Berle is the author of many books on problems in economics, law, and foreign policy. He advocates the idea of converting private capitalistic property into a public capitalistic property system. This idea has served to distract workers from the class struggle and to defend capitalism. Berle laid the foundation for the bourgeois-apologetic theory of the “managerial revolution,” according to which power in the monopolies has passed, so to speak, into the hands of the hired administrators—the managers. Hence, Berle’s thesis is called “power without property.”


The Twentieth Century Capitalist Revolution. New York, 1954.
Power Without Property: A New Development in American Political Economy. New York, 1959.
The American Economic Republic. New York, 1963.


The Great Soviet Encyclopedia, 3rd Edition (1970-1979). © 2010 The Gale Group, Inc. All rights reserved.
References in periodicals archive ?
In their 1932 book The Modern Corporation and Private Property, Adolf Berle and Gardiner Means noted with alarm a separation of ownership and control in some companies due to dispersion of holdings among many owners, and flagged such corporations as "quasi-public," in contrast to private companies.
Batvinis supplies new detail on the role of Hoover and other individuals, such as the State Department's Adolf Berle, and highlights both the advantages of British help and the damaging friction that arose from it as jealous factions battled for supremacy.
Adolf Berle is here expressing his views about the social responsibilities of big business, which were shaped by his experience of Roosevelt's New Deal in the aftermath of economic crisis and financial crash.
Usted encontrara una variedad de nombres--entre los que no podian faltar, italianos como: Gateano Mosca, Vilfedo Pareto, Giuseppe Prezzolini y Giuseppe Papini--mas o menos relevantes pero todos insustituibles para leer la trama compleja del pragmatismo americano: de James a Dewey, de Lippmann a Burnham, de Bentley a Wilson, de Santayana a Croly, hasta hay grandes expertos y consultores del Brains Trust rooseveltiano, con exponentes de la corporacion como: Adolf Berle y Rexford Tugwell; o tambien, el pragmatico schmittiano de William Yandell Elliot; y finalmente, de Reinhold Niebuhr, teologicamente pragmatico; y a Sidney Hook, metafisicamente secular y trotzskysta.
Discussions about good corporate governance derived from agency theory in 1932 when it was developed by Adolf Berle and Gardiner Means.
Mayer turns to the Adolf Berle and Gardner Means [1932] corporate governance classic, The Modern Corporation and Private Properly, to describe why we are confronted by the present situation with the existing corporate form.
Drawing on some previous work, (1) I will present the New Deal mindset through the lens of the writings of Adolf Berle, one of its architects.
Adolf Berle received a Rockefeller Foundation grant for an
Adolf Berle, Jr., later an assistant secretary of state, said that our government had consented to delivering the world to a "new century of war."
A principled ex-communist, one Whittaker Chambers, informed Roosevelt's assistant secretary of state, Adolf Berle, of the names of at least two dozen Soviet spies working for the Roosevelt administration, including Alger Hiss and his brother Donald.
Mixing the views of economic thinkers and movers like Adolf Berle, John Maynard Keynes and Felix Rohatyn with a wordly view of the broad sweep of 20th Century investment policies, Bogle provides a superbly informed view of financial behaviors.
Concern about this dates back at least to 1932 when Adolf Berle and Gardiner Means observed that large companies are primarily controlled by a new class of professional managers because ownership is dispersed among thousands of shareholders, each of whom owns only a small fraction of the shares.