English Cotton Industry and the World Market, 1815-1896

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  • Name Joint stock company & limited liability structures
  • Name Trade protection inc non tariff

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Seminal work. Deals with the subject largely at industry and not at business level. Touches relatively briefly on raw cotton trade. Structure in three parts: Part 1] 'Advent of a new economic order' - 'Role of the cotton industry in economic development' / 'Localization of the industry in Lancashire'; Part 2] 'Main trends in production and trade' - 'Growth of the world market' / 'The Cotton Famine and the loss of national pre-eminence' / 'The Great Depression of 1873-1896 and the challenges of foreign competition'; Part 3 'The structure of the industry' - 'Spread of the joint stock company in Lancashire' / 'Emergence of the Oldham Limiteds, 1874-1890' / 'Revolution in weaving and the horizontal reorganization of the structure of industry'