Empire, incorporated: the corporations that built British colonialism

Stern, Philip J.

Empire, incorporated: the corporations that built British colonialism - Cambridge Harvard University Press 2023 - 399 p.

Table of Contents

Chapter-1.Introduction: incorporating empire
Chapter-2.Initial public offerings: the age of discovery
Chapter-3.Municipal bonds: the age of crisis
Chapter-4.Corporate finance: the age of projects
Chapter-5.Hostile takeovers: the age of revolutions
Chapter-6.Corporate innovations: the age of reform
Chapter-7.Limiting liabilities: the age of imperialism

Across four centuries, from Ireland to India, the Americas to Africa and Australia, British colonialism was above all the business of corporations. Corporations conceived, promoted, financed, and governed overseas expansion, making claims over territory and peoples while ensuring that British and colonial society were invested, quite literally, in their ventures. Colonial companies were also relentlessly controversial, frequently in debt, and prone to failure. The corporation was well-suited to overseas expansion not because it was an inevitable juggernaut but because, like empire itself, it was an elusive contradiction: public and private; person and society; subordinate and autonomous; centralized and diffuse; immortal and precarious; national and cosmopolitan—a legal fiction with very real power.
Breaking from traditional histories in which corporations take a supporting role by doing the dirty work of sovereign states in exchange for commercial monopolies, Philip Stern argues that corporations took the lead in global expansion and administration. Whether in sixteenth-century Ireland and North America or the Falklands in the early 1980s, corporations were key players. And, as Empire, Incorporated makes clear, venture colonialism did not cease with the end of empire. Its legacies continue to raise questions about corporate power that are just as relevant today as they were 400 years ago.
Challenging conventional wisdom about where power is held on a global scale, Stern complicates the supposedly firm distinction between private enterprise and the state, offering a new history of the British Empire, as well as a new history of the corporation.


https://www.hup.harvard.edu/catalog.php?isbn=9780674988125

9780674294066


British colonies - commerce - history
Great Britain - colonies - commerce - history
Imperialism - economic aspects - Great Britain - history

382.0941 / STE

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