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Books > History > History of specific subjects > Economic history
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Financing Cotton - British Industrial Growth and Decline, 1780-2000 (Paperback)
Loot Price: R778
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Financing Cotton - British Industrial Growth and Decline, 1780-2000 (Paperback)
Series: People, Markets, Goods: Economies and Societies in History
Expected to ship within 12 - 17 working days
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This book links the world of finance directly to the fate of the
cotton and textile industry, long a metaphor for the rise and fall
of Britain as a manufacturing economy, for the first time. The
cotton and textile industry, at the centre of the industrial
revolution, has long been a metaphor for the rise and fall of
Britain as a manufacturing economy. This book links the world of
finance directly to the fate of the cotton and textile industry for
the first time. Using a unique underlying data-set drawn from
financial business records of over 100 cotton and
textile-manufacturing firms based in Lancashire, and ranging from
the late eighteenth to the twenty-first century, Financing Cotton
analyses the dynamics of industrial capitalism by uncovering the
interaction between financial systems and technological development
and innovation. It offers new perspectives on business practices
and their evolution, as well as decisions taken by entrepreneurs,
managers and employees. The book broadly investigates five
questions: how and why were individual firms profitable and what
happened to these profits; how did the firms' financial structure
and performance influence their attitudes to employment regulation;
what were the effects of financial networks and institutions on the
characteristics of the first and second phase of industrialisation;
how did the financial system enable or stifle entrepreneurship and
investment in new technology and, finally, why did consolidation
and industrial restructuring offer survival options for some firms,
but not for others?
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