TY  - BOOK
AU  - Johnson,Paul
TI  - Making the market: Victorian origins of corporate capitalism 
T2  - Cambridge studies in economic history
SN  - 9780521857833 (hardback)
AV  - HD2845 .J64 2010
U1  - 338.70941/09034 22
PY  - 2010///
CY  - Cambridge, UK, New York
PB  - Cambridge University Press
KW  - Corporations
KW  - Great Britain
KW  - History
KW  - 19th century
KW  - Capitalism
N1  - Includes bibliographical references (pages 234-249) and index; Machine generated contents note: 1. Mammon's cradle; Part I. Individuals: 2. Contracts, debts and debtors; 3. Coercion, custom and contract at work; Part II. Institutions: 4. The incorporation of business; 5. The limitation of liability; 6. Corporate performance; Part III. Information: 7. Shareholders, directors and promoters; 8. Mammon's conceit; Bibliography
N2  - "Corporate capitalism was invented in nineteenth-century Britain; most of the market institutions that we take for granted today - limited companies, shares, stock markets, accountants, financial newspapers - were Victorian creations. So were the moral codes, the behavioural assumptions, the rules of thumb and the unspoken agreements that made this market structure work. This innovative study provides the first integrated analysis of the origin of these formative capitalist institutions, and reveals why they were conceived and how they were constructed. It explores the moral, economic and legal assumptions that supported this formal institutional structure, and which continue to shape the corporate economy of today. Tracing the institutional growth of the corporate economy in Victorian Britain and demonstrating that many of the perceived problems of modern capitalism - financial fraud, reckless speculation, excessive remuneration - have clear historical precedents, this is a major contribution to the economic history of modern Britain"--Provided by publisher
ER  -