Before revision: Ellis Hawley states that Berle: became a leading articulator and shaper of what later scholars would call “Corporate liberalism.” In the The Modern Corporation and Private Property, he not only documented the rise of a managerial elite but set forth the possibility of its becoming a “neutral technocracy” imbued with an overriding sense of social responsibility and public trusteeship.
After revision: 1932Ellis Hawley states that Berle: became a leading articulator and shaper of what later scholars would call “Corporate liberalism.” In the The Modern Corporation and Private Property, he not only documented the rise of a managerial elite but set forth the possibility of its becoming a “neutral technocracy” imbued with an overriding sense of social responsibility and public trusteeship.