Enterprise and Society Advance Access originally published online on November 6, 2008
Enterprise and Society 2008 9(4):850-851; doi:10.1093/es/khn091
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© The Author 2008. Published by Oxford University Press on behalf of the Business History Conference. All rights reserved. For permissions, please e-mail: journals.permissions@oxfordjournals.org.
James Taylor. Creating Capitalism: Joint-Stock Enterprise in British Politics and Culture, 1800–1870
Woodbridge, UK: Boydell Press for the Royal Historical Society, 2006. x + 256 pp. ISBN 0-861932846, $80.00
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James Taylor sets out to blow away myths about the nineteenth-century upheaval in British business organization. The conventional view, accepted by all strands of political opinion, has been that the spread of joint stock and birth of limited liability were inevitable, for they chimed with an all-pervasive ideology and were widely welcomed. Taylor challenges this version, which he thinks has inhibited informed debate on the role of big business in modern society. Only by seeing "private
Victoria County History of Durham