Skip to main content Accessibility help
×
Hostname: page-component-84b7d79bbc-fnpn6 Total loading time: 0 Render date: 2024-07-26T10:54:20.887Z Has data issue: false hasContentIssue false

5 - Cultivational Governance at the Federal Trade Commission

Published online by Cambridge University Press:  23 November 2009

Gerald Berk
Affiliation:
University of Oregon
Get access

Summary

Between 1915 and 1932, creative syncretists at the Federal Trade Commission were remarkably successful in realizing Brandeis's proposal for cultivational governance. While they lacked the capacity to carry out cost accounting or to monitor trade agreements on their own, they found resources in civil society to construct institutions devoted to regulated competition. Deliberating regularly with cost accountants, trade associations, and the U.S. Chamber of Commerce, creative administrators renarrated the causes of cutthroat competition. Like Brandeis's engineers, they hypothesized that it was the result of cost conventions that overvalued volume. By doing so, they opened new avenues to policy experimentation and institutional design. They launched a Cost Division, published two cost accounting manuals, encouraged trade associations to design cost systems of their own, and assembled industries in deliberative conferences. Building on these initiatives, creative administrators reconceptualized the commission's role in steering competition from predation to improvement. By 1926, they had institutionalized a deliberative structure for defining standards of fair competition and reviewing associational cost accounting initiatives. In doing so, creative syncretists invented a novel form of regulatory organization, which proved effective in collaborating with professional and business associations to respond effectively to economic uncertainty, diversity, and change.

Students of state building in the 1920s do not usually recognize policy innovation at the FTC, because they see the commission's formative context as inhospitable to autonomy and policy planning.

Type
Chapter
Information
Publisher: Cambridge University Press
Print publication year: 2009

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×