<< If US capitalists hadn't been so stupid and arrogant about
why they became the big dogs, that advantage could have been turned into
something really amazing, capitalistically speaking. Instead we ended up
with, say auto corps playing catch-up after years of sanctimoneous
know-it-all-ism for which American workers paid dearly. >>
Gabriel Kolko influenced a whole generation of radical social science grad students in the 1960s. His "Triumph of Conservativism" is a classic. Kolko is well worth a read! His work on the history of railroad regulation is classic: capitalists facing irrational pricing and production decisions use the state to rationalize capitalist industry.