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AbstractCorporations are advised to be active in their own interest and to promote better government.

In 1987, the "Township-District Enterprises of China" newspaper, the Central People's Radio and the Central State TV in the PRC carried out a joint campaign for nominating "the best Chinese farmers-business men of our time". One hundred people qualified for the honour. Two of them are introduced in this article. (DÜI-Sen)

Ideology about business activity in the US is linked to principles of free enterprise & individual action, coupled with the 19th cent model of industrial atomism. Ideology & practice are widely disparate. A combination of technical, financial, & marketing factors has made it possible for the large corporations effectively to make public policies, that is, policies affecting not only their internal workings but also their customers, their suppliers, their communities, their rivals, & even the gov. The federal gov has responded with antitrust legislation sensitive to the menace of inordinate private power to free consumer choice, individual initiative, & effective democracy. Business managers of the oligopolized industries, in turn, have used price leadership, advertising, & styling & packaging as alternatives to monopolistic combination for limiting the scope of effective competition & diminishing the uncertainty which has always accompanied genuine competition. Recent actions by federal courts & the President indicate that, in conflicts affecting the public interest between law, ideology, business practice, & the realities of power, business giants retain their right to power on the condition that their power is used for broader purposes than the interests of their own stockholders or managers. Efforts of the giant corporations to minimize competition suggest a stagnation & enervation of which the implications are slow econ growth & lagging redistribution of income. AAAP&SS.