Rev Austrian Econ (2010) 23:415–417 DOI 10.1007/s11138-010-0120-6 Robert L. Bradley Jr.: Capitalism at work: business, government, and energy; book 1 of political capitalism (a trilogy) Salem, Mass.: M & M Scrivener Press, 2009, 485 pp Peter Lewin Published online: 8 July 2010 Springer Science+Business Media, LLC 2010 Robert Bradley has written an interesting and engaging book. Drawing on his personal experience of working for many years inside the organization, he has set out to chronicle and analyze the rise and crash of Enron and its main players, like Ken Lay and Andy Fastow. This book is the first of a trilogy on political capitalism, with Enron being a key example. The other two volumes are yet to be published. This is an ambitious work in that Bradley seeks not only to expose to the world the house of cards that Enron had become, and how this happened, but also to convey a deep appreciation of context. Enron was emphatically not the paragon of free enterprise that the many critics of free enterprise have made it out to be; it was in fact the very antithesis, a prime example of “political capitalism”—the system in which businesses compete for political favors
The Review of Austrian Economics – Springer Journals
Published: Jul 8, 2010
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