Daily Archives: Nov 12, 2022 at 04:01 am EST

Book Bits: 12 November 2022

For Profit: A History of Corporations
William Magnuson
Review via The Economist
There is no mention of Elon Musk in William Magnuson’s magnificent history of corporations, which stretches from the societas publicanorum of ancient Rome, through Renaissance Florence, the Age of Discovery and the might of American industrial capitalism to Silicon Valley. Yet reading it makes clear why the pioneer of electric cars, private rockets—and now, via Twitter, controller of part of the public sphere—commands attention. For more than 2,000 years, corporations such as his have produced some of humankind’s greatest achievements. But usually the most dazzling overstep the mark, leaving a trail of debris and distrust behind them.

Continue reading