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Title: Ahead of its time
Review: I first read Exchange and Power in Social Life as a graduate student in the early 1970s. What amazes me is to reread it in 1999 to see how Blau explains the way in which power is legitimated through exchange. His insights of 30 years ago now help us understand how large organizations can gain even greater (legitimate) power through exchanges across their boundaries--like police departments opening themselves to community policing or universities learning how to manage their increasingly permeable boundaries. This is "must" reading for any students of organizations of the 21st century!
