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Business history is a historiographical field which examines the history of firms, business methods, government regulation and the effects of business on society. It also includes biographies of individual firms, executives, and entrepreneurs.
Most important, colonial legislatures set up a legal system that was conducive to business enterprise by resolving disputes, enforcing contracts, and protecting property rights. Hard work and entrepreneurship characterized the region, as the Puritans and Yankees endorsed the " Protestant Ethic ", which enjoined men to work hard as part of their ...
Corporatocracy [a] or corpocracy is an economic, political and judicial system controlled or influenced by business corporations or corporate interests. [ 1 ] The concept has been used in explanations of bank bailouts , excessive pay for CEOs , and the exploitation of national treasuries, people, and natural resources . [ 2 ]
Early state corporation laws were all restrictive in design, often with the intention of preventing corporations for gaining too much wealth and power. [3] Investors generally had to be given an equal say in corporate governance, and corporations were required to comply with the purposes expressed in their charters.
Corporatism is a political system of interest representation and policymaking whereby corporate groups, such as agricultural, labour, military, business, scientific, or guild associations, come together and negotiate contracts or policy (collective bargaining) on the basis of their common interests.
Corporatism — ideology of which corporate statism is a subset. Corporatocracy — a government dominated by business interests, often mistaken for corporatism. East Asian Miracle — an economic transformation in East and Southeast Asian countries. Fascism — a political ideology that sometimes includes corporate statism as a component.
An important aspect of this process of change was the enclosure [9] of the common land previously held in the open field system where peasants had traditional rights, such as mowing meadows for hay and grazing livestock. Once enclosed, these uses of the land became restricted to the owner, and it ceased to be land for commons.
After 1900 and the assassination of President William McKinley, the Progressive Era brought political, business, and social reforms (e.g., new roles for and government expansion of education, higher status for women, a curtailment of corporate excesses, and modernization of many areas of government and society).