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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 ...
Corporate America: A Historical Bibliography 1984; Klein, Maury. "Coming Full Circle: the Study of Big Business since 1950." Enterprise & Society: the International Journal of Business History 2001 2(3): 425–460. ISSN 1467-2227 Fulltext: OUP; Laird, Pamela Walker. "How business historians can save the world–from the fallacy of self-made ...
In the late 19th century, state governments started to adopt more permissive corporate laws. [3] In 1896, New Jersey was the first state to adopt an "enabling" corporate law, with the goal of attracting more business to the state. [3] As a result of its early enabling corporate statute, New Jersey was the first leading corporate state. [3]
The political theorist David Runciman notes that corporate personhood forms a fundamental part of the modern [when?] history of the idea of the state, and believes the idea of the corporation as legal persons can help to clarify the role of citizens as political stakeholders, and to break down the sharp conceptual dichotomy between the state ...
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 ]
In corporate colonies, voters elected these officials. In domestic matters, the colonies were largely self-governing on many issues; however, the British government did exercise veto power over colonial legislation, and regardless of the type of colonial government, retained control of the law and equity courts; judges were selected by the ...
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.
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).