The Sovereign State: The Secret History of International Telephone and Telegraph is a non-fiction book by Anthony Sampson published on July 1, 1973, by Hodder & Stoughton Ltd.[1] The book focuses on the history of ITT Corporation to make a broader point about the weakening of the authority of traditional national governments by the multinational corporations.[2]
The Sovereign State The Secret History of International Telephone and Telegraph
In part, it was a portrait of Harold Geneen, the chief executive of ITT from 1959 until 1977. Geneen was a legendarily hands-on manager, who believed it necessary to penetrate through layers of "false facts" to get to the "unshakable facts" about any of the markets or divisions of his conglomerate. In terms of its broader themes, though, this book was one of a spate of early-70s books that promoted the thesis that multinational corporations were taking over the traditional prerogatives and functions of national governments.
In a review of Sampson's book in the Sunday Telegraph, Sir Frank McFadzean, Vice Chairman of Royal Dutch/Shell, took issue with that thesis. Such corporations are "prisoners of their past investments," he wrote, because "even the most puny government can nationalize, and the only redress is to seek compensation."
Although as Sampson's book shows ITT has used other means of redress to defend its own business interests from nationalisation, that have not been confined to the courts. These have ranged from supporting the 1930s military takeover by General Franco in Spain, investing in Hitler's war machine throughout World War II, and funding a CIA-backed coup led by General Pinochet in Chile 1973.
Official informationedit
Sampson, Anthony (1973). The Sovereign State: The Secret History of ITT. London: Hodder and Stoughton. ISBN0-340-17195-2.
sovereign, state, secret, history, international, telephone, telegraph, fiction, book, anthony, sampson, published, july, 1973, hodder, stoughton, book, focuses, history, corporation, make, broader, point, about, weakening, authority, traditional, national, go. The Sovereign State The Secret History of International Telephone and Telegraph is a non fiction book by Anthony Sampson published on July 1 1973 by Hodder amp Stoughton Ltd 1 The book focuses on the history of ITT Corporation to make a broader point about the weakening of the authority of traditional national governments by the multinational corporations 2 The Sovereign StateThe Secret History of International Telephone and TelegraphHardcover editionAuthorAnthony SampsonCountryUnited StatesLanguageEnglishSubjectITT CorporationGenreNon fictionPublisherHodder amp Stoughton Ltd Publication dateJuly 1 1973Media typePrintPages256 pp ISBN0 340 17195 2 In some editions it was sold under the title of The Sovereign State of ITT Contents 1 Plot 2 Official information 3 References 4 External linksPlot editIn part it was a portrait of Harold Geneen the chief executive of ITT from 1959 until 1977 Geneen was a legendarily hands on manager who believed it necessary to penetrate through layers of false facts to get to the unshakable facts about any of the markets or divisions of his conglomerate In terms of its broader themes though this book was one of a spate of early 70s books that promoted the thesis that multinational corporations were taking over the traditional prerogatives and functions of national governments In a review of Sampson s book in the Sunday Telegraph Sir Frank McFadzean Vice Chairman of Royal Dutch Shell took issue with that thesis Such corporations are prisoners of their past investments he wrote because even the most puny government can nationalize and the only redress is to seek compensation Although as Sampson s book shows ITT has used other means of redress to defend its own business interests from nationalisation that have not been confined to the courts These have ranged from supporting the 1930s military takeover by General Franco in Spain investing in Hitler s war machine throughout World War II and funding a CIA backed coup led by General Pinochet in Chile 1973 Official information editSampson Anthony 1973 The Sovereign State The Secret History of ITT London Hodder and Stoughton ISBN 0 340 17195 2 Stein and Day US publisher 1973 References edit Sovereign State Secret History of International Telephone and Telegraph Hardcover The Sovereign State of ITT by Anthony SampsonExternal links editThe Sovereign State of ITT at the Internet Archive registration required Retrieved from https en wikipedia org w index php title The Sovereign State amp oldid 1066826492, wikipedia, wiki, book, books, library,
