Making the Market

Victorian Origins of Corporate Capitalism

By:

Paul Johnson

Format:

Hardback

Series:

Cambridge Studies in Economic History: Second Series

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Description

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.

Author Biography:

Paul Johnson is Vice-Chancellor and President of La Trobe University, Melbourne. His previous publications include the three-volume Cambridge Economic History of Modern Britain (edited with Roderick Floud, 2004), Old Age: From Antiquity to Postmodernity (edited with Pat Thane, 1998) and Twentieth-Century Britain: Economic, Social and Cultural Change (1994).

Release date NZ

March 4th, 2010

Author

Paul Johnson

Audience

Tertiary Education (US: College)

Pages

266

Series

Cambridge Studies in Economic History: Second Series

Dimensions

152x229x16

ISBN-13

9780521857833

Product ID

3952948

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