IDEAS home Printed from https://ideas.repec.org/p/hal/spmain/halshs-03159163.html
   My bibliography  Save this paper

De la Grande Guerre à la National Recovery Administration (1917-1935) : Les arguments en faveur d'une concurrence régulée dans les États-Unis de l'entre-deux-guerres

Author

Listed:
  • Thierry Kirat

    (IRISSO - Institut de Recherche Interdisciplinaire en Sciences Sociales - Université Paris Dauphine-PSL - PSL - Université Paris Sciences et Lettres - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement)

  • Frédéric Marty

    (GREDEG - Groupe de Recherche en Droit, Economie et Gestion - UNS - Université Nice Sophia Antipolis (1965 - 2019) - CNRS - Centre National de la Recherche Scientifique - UniCA - Université Côte d'Azur, OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po)

Abstract

L'expérience de l'économie de guerre a renforcé aux États-Unis l'influence d'arguments en faveur d'une concurrence organisée. Étendant les prescriptions du management scientifique des firmes à l'ensemble de l'économie, cette approche visait leur coordination par des échanges d'informations. Cette dernière était vue à la fois comme une nécessité en termes d'efficacité économique et de réponse aux fluctuations cycliques. Une telle perspective conduisait à réduire drastiquement la portée des règles de concurrence.Cependant, des propositions faites lors de la crise de 1929 conduisirent à reproduire en temps de paix l'expérience de l'économie de guerre au risque de mener l'économie américaine à une cartellisation sous l'égide de l'État fédéral.Elles furent rejetées par le Président Hoover pourtant défenseur dans les années1920 d'un modèle de concurrence régulée. Ces projets furent paradoxalement repris par le Président Roosevelt dans le cadre du premier New Deal. Cet article traite des arguments qui furent avancés pour s'abstraire des règles de concurrence et explique pourquoi l'administration démocrate décida finalement de revenir à une activation résolue du Sherman Act

Suggested Citation

  • Thierry Kirat & Frédéric Marty, 2021. "De la Grande Guerre à la National Recovery Administration (1917-1935) : Les arguments en faveur d'une concurrence régulée dans les États-Unis de l'entre-deux-guerres," SciencePo Working papers Main halshs-03159163, HAL.
  • Handle: RePEc:hal:spmain:halshs-03159163
    DOI: 10.3917/reof.171.0239
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-03159163
    as

    Download full text from publisher

    File URL: https://shs.hal.science/halshs-03159163/document
    Download Restriction: no

    File URL: https://libkey.io/10.3917/reof.171.0239?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Bruce, K. & Nyland, C., 1993. "Scientific Management and Market Stabilisation, 1914-1930," Economics Working Papers wp93-6, School of Economics, University of Wollongong, NSW, Australia.
    2. Allyn A. Young, 1915. "The Sherman Act and the New Anti-Trust Legislation: I," Journal of Political Economy, University of Chicago Press, vol. 23(3), pages 201-201.
    3. Jean-Luc Gaffard & Michel Quéré, 2007. "What’s the aim for competition policy: Optimizing market structure or encouraging innovative behaviors?," Springer Books, in: Uwe Cantner & Franco Malerba (ed.), Innovation, Industrial Dynamics and Structural Transformation, pages 393-405, Springer.
    4. Allyn A. Young, 1915. "The Sherman Act and the New Anti-Trust Legislation: II," Journal of Political Economy, University of Chicago Press, vol. 23(4), pages 305-305.
    5. Hervé Mesure, 2007. "Thorstein Bunde Veblen, précurseur de la Business-society," Post-Print hal-00567750, HAL.
    6. Allyn A. Young, 1915. "The Sherman Act and the New Anti-Trust Legislation: III," Journal of Political Economy, University of Chicago Press, vol. 23(5), pages 417-417.
    7. William J. Barber, 1994. "The Divergent Fates of Two Strands of “Institutionalist” Doctrine During the New Deal Years," History of Political Economy, Duke University Press, vol. 26(4), pages 569-587, Winter.
    8. Thierry Kirat & Frédéric Marty, 2020. "The Late Emerging Consensus Among American Economists on Antitrust Laws in the Second New Deal (1935-1941) (Revised Version)," CIRANO Working Papers 2020s-46, CIRANO.
    9. Hervé Mesure, 2007. "Thorstein Bunde Veblen précurseur de la Business – Society," Revue française de gestion, Lavoisier, vol. 170(1), pages 15-30.
    10. Laure Bazzoli & Thierry Kirat, 2018. "L’invention de l’indemnisation du chômage aux États-Unis. Le capitalisme raisonnable, l’emploi et la responsabilité sociale de l’entreprise selon J.R. Commons et l’école du Wisconsin," Revue française de socio-Economie, La découverte, vol. 0(2), pages 165-184.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Thierry Kirat & Frédéric Marty, 2020. "From the First World War to the National Recovery Administration (1917-1935) - The Case for Regulated Competition in the United States during the Interwar Period," Working Papers halshs-03052417, HAL.
    2. Thierry Kirat & Frédéric Marty, 2019. "The Late Emerging Consensus Among American Economists on Antitrust Laws in the Second New Deal," CIRANO Working Papers 2019s-12, CIRANO.
    3. David Cayla, 2022. "How the Digital Economy Challenges the Neoliberal Agenda: Lessons from the Antitrust Policies," Journal of Economic Issues, Taylor & Francis Journals, vol. 56(2), pages 546-553, April.
    4. Thierry Kirat & Frédéric Marty, 2020. "The Late Emerging Consensus Among American Economists on Antitrust Laws in the Second New Deal (1935-1941) (Revised Version)," CIRANO Working Papers 2020s-46, CIRANO.
    5. Fiorito, Luca & Henry, John F., 2007. "John Bates Clark on Trusts: New Light from the Columbia Archives," Journal of the History of Economic Thought, Cambridge University Press, vol. 29(2), pages 229-250, June.
    6. Marc Deschamps, 2013. "Pourquoi des politiques de concurrence ?," GREDEG Working Papers 2013-23, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    7. Pu-Yan Nie, 2012. "Maintenance Commitments for Monopolized Goods," Prague Economic Papers, Prague University of Economics and Business, vol. 2012(1), pages 18-29.
    8. Patrice Bougette & Axel Gautier & Frédéric Marty, 2021. "Which access to which assets for an effective liberalization of the railway sector?," Competition and Regulation in Network Industries, , vol. 22(2), pages 87-110, June.
    9. Oliver Budzinski, 2009. "Modern Industrial Economics and Competition Policy: Open Problems and Possible Limits," Working Papers 93/09, University of Southern Denmark, Department of Sociology, Environmental and Business Economics.
    10. Nie, Pu-yan & Wang, Chan & Yang, Yong-cong, 2019. "Vertical integration maintenance commitments," Journal of Retailing and Consumer Services, Elsevier, vol. 47(C), pages 11-16.
    11. Nie, Pu-yan, 2009. "Commitment for storable goods under vertical integration," Economic Modelling, Elsevier, vol. 26(2), pages 414-417, March.
    12. Herbert Hovenkamp, 2011. "Coasean markets," European Journal of Law and Economics, Springer, vol. 31(1), pages 63-90, February.
    13. Kaufman, Bruce E., 1998. "Regulation of the employment relationship: The 'old' institutional perspective," Journal of Economic Behavior & Organization, Elsevier, vol. 34(3), pages 349-385, March.
    14. Frédéric Marty & Thierry Warin, 2020. "Keystone Players and Complementors: An Innovation Perspective," Working Papers hal-03029748, HAL.
    15. Jean-Luc Gaffard, 2022. "Instabilité et résilience des économies de marché: Essai sur l'économie du libéralisme social," GREDEG Working Papers 2022-33, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    16. Afonso Planas Raposo de Almeida Costa & Pedro Barros, 2012. "Does a Tougher Competition Policy Reduce or Promote Investment?," Journal of Industry, Competition and Trade, Springer, vol. 12(1), pages 119-141, March.
    17. Stojanović Boban & Kostić Zorana & Vučić Vladan, 2021. "Alignment with EU Regulations in the Field of the Competition Policy and System of State Aid in Western Balkan Countries," Economic Themes, Sciendo, vol. 59(2), pages 173-191, June.
    18. Frédéric Marty, 2020. "Protecting the competitive process, not a competitive structure Reflections on the book by Nicolas Petit Big Tech and the Digital Economy," Working Papers halshs-03034024, HAL.
    19. Patrice Bougette & Frédéric Marty, 2020. "Information Exchange among Firms: The Coherence of Justice Brandeis' Regulated Competition Approach," GREDEG Working Papers 2020-56, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France, revised Feb 2021.

    More about this item

    Keywords

    économie de guerre; cartellisation; règles de concurrence; management scientifique; échanges d'information;
    All these keywords.

    JEL classification:

    • L40 - Industrial Organization - - Antitrust Issues and Policies - - - General
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
    • N12 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - U.S.; Canada: 1913-

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:spmain:halshs-03159163. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Contact - Sciences Po Departement of Economics (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.