The creation of wealth depends on the capacity of economic actors to adapt to market changes. Such adaptation, in turn, poses fundamental questions about the distribution of resources. Daley investigates the interaction among business, labor, and the state in France in the second half of the twentieth century and reveals how political dynamics refract market pressures. He explains how and why profitability came at the expense of union mobilization, unemployment, and management autonomy, vast amounts of state aid, and less national control over industrial decision making.

This book is based on careful historical analysis and personal observation. Dr. Lorwin has broken his material down under three main headings: first, an abbreviated history of the origins and development of French unionism through 1944; second, a close examination of the critical years 1944-53, which saw the reunification in the Confédération Générale du Travail of the Communists purged in 1940, and the subsequent bolt of the anti-Communists to form the Confédération Générale du Travail-Force Ouvrière; and, third, an analysis of the international life of French unions, their bargaining techniques, their structure, and their goals. While the discussion in the first two parts of the book is significant, the major contribution to knowledge is in the third section. An extremely valuable analysis for those who are concerned with the nature of French unionism, students of political behavior, and particularly to those who are engaged in discriminating between institutional myths and institutional realities.