Overview

For over forty years, politicians and economists have been arguing about the causes of Britain's economic decline, without having any noticeable effect on the outcome. A recurring argument is that globalisation is to blame, shielding the identity of the true driver: national turbo-capitalism. Underpinned by the misuse of the company - which arose in the 19th century as a legal structure to enable business to run smoothly but now wields disproportionate power - and encouraged and financed by the City of London, this deeply entrenched way of managing international business is causing damage to society and weakening social cohesion. In this insightful and informative book, Derek Hammersley examines the history of Britain's corporate structures and developments, demonstrating how an updated company law would be to the benefit of companies and citizens alike, and how such changes may be received internationally.

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9781917824071

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