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Biography of Adolf Augustus Berle, Jr.
Name: Adolf Augustus Berle, Jr.
Birth Date: January 27, 1895
Death Date: February 17, 1971
Place of Birth: Boston, Massachusetts, United States
Nationality: American
Gender: Male
Occupations: educator, diplomat, government official
Adolf Augustus Berle, Jr.
Adolf Augustus Berle, Jr. (1895-1971), was an educator, a diplomat, a government official, and a provocative interpreter of the United States corporate economy.Adolf Berle was born in Boston, Mass., on Jan. 27, 1895. He earned his bachelor's degree from Harvard College in 1913 and his master's in 1914. He then entered Harvard Law School, from which he received his degree in 1916, at the age of 21.Years of Public ServiceAfter a year of law practice in Boston, followed by a year with the United States commission to negotiate the peace with Germany, Berle moved to New York City in 1919 to become a member of the law firm of Berle, Berle and Brunner, where he remained, taking frequent leaves for public and diplomatic service. He was professor of corporation law on the faculty of Columbia Law School from 1927 until he retired as professor emeritus in 1964. He was a member of the board of directors of such …showed first 150 words…
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…showed last 150 words…power to have become liberated from the market forces of competition as well. He concluded, therefore, that much of the economic theory pertaining to the functioning of the marketplace, which served as a rationale for the free-enterprise market economy, had been rendered obsolete by the accumulation of immense power in the hands of corporate management. This provocative thesis generated much debate among economists and legal scholars, a debate that still continues. Further Reading References to Berle's work are found in numerous discussions on the American economy. The American Economic System: An Anthology of Writings concerning the American Economy, compiled by Massimo Salvadori (1963), contains a useful section on Berle's analysis of the modern corporation. See also George A. Steiner, Government's Role in Economic Life (1957), and Peter d'A. Jones, America's Wealth (1963).Schwarz, Jordan A., Liberal: Adolf A. Berle and the vision of an American era, New York: Free Press; London: Collier Macmillan, 1987.
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