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The International Aluminium Cartel - The Business and Politics of a Cooperative Industrial Institution (1886-1978) (Paperback)
Loot Price: R1,393
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The International Aluminium Cartel - The Business and Politics of a Cooperative Industrial Institution (1886-1978) (Paperback)
Series: Routledge International Studies in Business History
Expected to ship within 12 - 17 working days
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Aluminium was one of most cartelised industries in the
international economic panorama of the 20th century. Born following
the discovery of electrolytic smelting process in 1886, this
industry, even in its infancy, established a cartel which
characterised its history until nearly 1980. Managers of the
aluminium industry from various historical eras and countries
shared the same vision about the development of their industry: to
keep prices as stable as possible in order to encourage expansions
and to provide return on investments. Price instability, which
characterised the trade of other commodities, was unknown to the
aluminium industry. This book neither argues that cartels are
fundamentally evil, nor attempts to demonstrate that cartels are
optimal business organisations. It instead provides an in-depth and
frank analysis of the internal working of industrial organisations
and of the interplay between cartels and political powers and
institutions. The International Aluminium Cartel offers
explanations for the construction and collapse of cartels,
descriptions of their operations, and an historical interpretation
of their experiences. Incorporating information gleaned from a
unique collection of private and public archives from several
countries, this unique study will appeal to a wide variety of
readers, including academics interested in industrial and business
history.
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