Capitalism in a Mature Economy
Financial Institutions, Capital Exports and British Industry, 1870-1939
Capitalism in a Mature Economy charts the development of the City as the undisputed financial centre of the world in the late nineteenth and the early twentieth centuries, reflecting Britain's dominant position in the world economy. The book focuses on four inter-related themes: the development and operations of English capital markets including the stock exchange and the clearing and merchant banks, the financing of British industry, the role of financiers and company promoters, and the financing of British overseas capital investment and trade.
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What Reviewers Are Saying
`This important, well edited. . . . collection of essays focuses primarily on the contentious relationship between finance and industry, revealing the jury to be still out on the thorny question of the City's culpability.' -- David Kynaston, The Financial Times `An extremely useful and informative volume.' -- Michael Collins, University of Leeds, UK