Piercing the Corporate Veil: Cape Industries and Multinational Corporate Liability for a Toxic Hazard, 1950-2004

The ‘corporate veil’ refers to the separation oflegal identity between parent firms and their subsidiaries,which gives the parent protection against the liabilities ofits subsidiaries. Fearing that such liability protection wouldfacilitate illicit activity, early twentieth century courts,especially in America, would sometimes ‘pierce’the corporate veil. This article explores Adams v. Cape (1990),in which American plaintiffs attempted to persuade the Englishcourts to lift the corporate veil and impose liability for industrialdisease on Cape Industries, a leading U.K. asbestos manufacturer.This landmark case shows how corporate strategy can be closelyintertwined with international corporate law and occupationalhealth and safety issues. It also highlights how limited liabilitylaw and separate legal personality can result in significantinjustice to claimants against multinational enterprises.     

William Faricy Condee. Coal and Culture: Opera Houses in Appalachia. Athens: Ohio University Press, 2005. xii + 210 pp. ISBN 0-8214-1588-3, $34.95 (cloth).

In Coal and Culture William Condee examines Appalachian small-towntheaters built between the 1860s and 1930s that appropriatedthe high-culture term ‘opera house’ for spaces presentingdiverse activities from high school graduations to travelingtheatrical troupes. The title ‘opera house,’ ratherthan ‘theater,’ conveyed an aura of culture, refinement,and acceptability in an era when theater was sometimes regardedas having questionable morals. ‘Opera house’ soundedgrand, but many structures were modest buildings whose facadesdiffered little from     

Robin Pearson. Insuring the Industrial Revolution: Fire Insurance in Great Britain, 1700-1850. Aldershot, U.K.: Ashgate, 2004. xiii + 434 pp. ISBN 0-7546-336302, $99.95 (cloth).

Robin Pearson’s Insuring the Industrial Revolution providesa richly detailed account of the British fire insurance industrythrough the mid-nineteenth century. Whereas most previous accountshave focused on single companies, Pearson’s study encompassesthe entire industry of London and provincial firms and seeksto place the industry within the larger context of British economichistory. British economic historians have long overlooked the contributionof insurance, and service industries in general, to the nation’seconomic     

Terry L. Anderson and Peter J. Hill. The Not So Wild, Wild West: Property Rights on the Frontier. Stanford, Calif.: Stanford University Press, 2004. xii + 263 pp. ISBN 0-8047-4854-3, $24.95 (cloth).

Adopting the approach of the "new institutional economics,"Terry L. Anderson and Peter J. Hill argue that grassroots, cooperativelydeveloped property rules in the nineteenth-century AmericanWest led to the peaceful resolution of most conflicts. To thedegree that cooperation trumped conflict and violence, the authorsinsist, "the ‘wild, wild West’ was really the ‘notso wild, wild West’" (p. 5). Institutional entrepreneurs,they contend, emerged to establish property rights governingaccess to rangeland,     

Jeffrey M. Hornstein. A Nation of Realtors(R): A Cultural History of the Twentieth-Century American Middle Class. Durham, N.C.: Duke University Press, 2005. xi + 252 pp. ISBN 0-8223-3528-X, $79.95 (cloth); 0-8223-3540-9, $22.95 (paper).

For many people who study the culture of American business,a mention of real estate will conjure up Sinclair Lewis’sfictional creation George F. Babbitt, the title character ofthe 1922 novel Babbitt. I was reminded, when reading JeffreyHornstein’s A Nation of Realtors^®, that Lewis at onepoint used a different working title: "Population 300,000."Between these two titles lay the relationship between the characterof the Realtor and the community that the Realtor, and his peers,     

Roger Horowitz. Putting Meat on the American Table: Taste, Technology, Transformation. Baltimore, Md.: The Johns Hopkins University Press, 2005. xiii + 170 pp. ISBN 0-8018-8240-0, $35.00 (cloth); ISBN 0-8018-8241-9, $19.00 (paper).

Roger Horowitz opens Putting Meat on the American Table: Taste,Technology, Transformation with the observation that Americais a meat-eating nation. Throughout his narrative, he examinesthe forces that allow so much meat—six to eight ouncesper person per day—to satiate Americans’ appetite.The central questions driving Horowitz’s analysis are(a) what is the relationship between producing and consuminga product and (b) how does the nature of the good affect thisrelationship? In     

John Franch. Robber Baron: The Life of Charles Tyson Yerkes. Champaign, Ill.: University of Illinois Press, 2006. vii + 374 pp. ISBN 0-252-03099-0, $45.00 (paper).

Robber Baron, John Franch’s biography of Charles TysonYerkes, provides a fascinating window into the workings of laissez-fairecapitalism. Yerkes, one of the most notorious self-made menof nineteenth-century America, embodied the drive, avarice,and unscrupulousness of his age—taking each to its limits.Robber Baron is an academic work that should appeal to a wideraudience. Yerkes’s dealings are fascinating: the samemen did business with him time after time as they tried to getthe     

Geoffrey Jones. Multinationals and Global Capitalism: From the Nineteenth Century to the Twenty-First Century. New York: Oxford University Press, 2005. xi + 340 pp. ISBN 0-19-927209-3, $144.50 (cloth); ISBN 0-19-927210-7, $44.50 (paper).

Geoffrey Jones introduces Multinationals and Global Capitalismin the preface as a radically revised edition of his The Evolutionof International Business: An Introduction (Routledge, 1996),which has hitherto remained the only history of the developmentand impact of multinationals worldwide. He indicates, quiterightly, that in the meantime globalization has been recognizedas a controversial and widely debated phenomenon. Indeed, itis indicative of the sweeping changes that have reshaped ourperceptions of the world economy that, at its publication lessthan a decade ago, Evolution was innocent of the very term ‘globalization’;     

Thomas A. Kinney. The Carriage Trade: Making Horse-Drawn Vehicles in America. Baltimore, Md.: Johns Hopkins University Press, 2004. xi + 381 pp. ISBN 0-8018-7946-9, $49.95 (cloth).

Although ‘horse and buggy’ usually connotes a quainticon of the preindustrial world, The Carriage Trade by ThomasA. Kinney shows that horse-drawn vehicles were anything butquaint. Carriage and wagon making was a major nineteenth-centuryindustry, employing by 1890 130,000 employees in 13,000 firmsproducing $200 million in value (p. 262). These firms were leadersin production, management, and marketing innovations. Kinney’sstraightforward account shows how mechanization, interchangeability,and rationalization changed the nature of     

JoAnne Yates. Structuring the Information Age: Life Insurance and Technology in the Twentieth Century. Baltimore and London: The Johns Hopkins Press, 2005. x + 351 pp. ISBN 0-8018-8086-6, $49.95.

Structuring the Information Age delineates the incorporationof the computer into the life insurance bureaucracy and howlife insurance affected the rise of computers. The life insuranceindustry is an excellent choice for a study of how informationtechnology ‘revolutions’ actually are incrementallyappropriated by enterprises and society. Insurance as a financialintermediary depends on information for its existence. Changesin information manipulation fundamentally affect managementpractice. Moreover, it was a large market for producers of businessmachines. The industry     

Sarah Elvins. Sales and Celebrations: Retailing and Regional Identity in Western New York State, 1920-1940. Athens, Ohio: Ohio University Press, 2004. 222 pp. ISBN 0-8214-1549-2, $42.95 (cloth).

Elvins’s book is part of a growing body of historicalscholarship that interrogates the lived experience of consumersociety in the twentieth-century United States. Beginning whereWilliam Leach’s Land of Desire (1993) left off, Elvinsseeks to complicate "top-down" narratives of the homogenizationof American consumer culture into a national mass market. Takingher cue from Lizabeth Cohen’s early work on consumptionin Chicago, Elvins examines consumption on the local level in     

Michael Zakim. Ready-Made Democracy: A History of Men's Dress in the American Republic, 1760-1860. Chicago: University of Chicago Press, 2003. x + 296 pp. ISBN 0-226-97793-5, $30.00 (cloth).

Michael Zakim’s Ready-Made Democracy positions men’sclothing manufacturers at the heart of the democratic and capitalistictransformations that engulfed the United States between itsfounding and the mid-nineteenth century. He argues that thehistory of the men’s suit, embodying as it does a hostof social, economic, and political relationships, presents anunequaled opportunity to observe these changes. Zakim createsa nuanced interpretation that responds to a half century ofhistoriographical debate about the nature of the market revolutionin America.     

Clifford J. Doerksen. American Babel: Rogue Radio Broadcasters of the Jazz Age. Philadelphia: University of Pennsylvania Press, 2005. xi + 157 pp. ISBN 0-8122-3871-0, $34.95 (cloth).

In American Babel: Rogue Broadcasters of the Jazz Age, CliffordDoerksen presents a lively discussion of the economic implicationsof cultural hierarchy on radio broadcasting. In this slim volume,only 176 pages (including footnotes), he tells the stories ofseveral radio pioneers who have been largely ignored in theretellings of the medium’s history. The difficulties inexploring the world of independent broadcasters long has beena lament of radio scholars, and Doerksen’s book represents     

Michael Augspurger. An Economy of Abundant Beauty: Fortune Magazine and Depression America. Ithaca, N.Y.: Cornell University Press, 2004. viii + 292 pp. ISBN 0-8014-4204-4, $34.95 (cloth).

A curious blend of business and intellectual history, with anemphasis on the latter, Michael Augspurger’s An Economyof Abundant Beauty offers a reading of Fortune magazine fromits founding in 1930 through the election of Dwight D. Eisenhowerin 1952. Distancing himself from other observers of the publicationwho have interpreted Fortune’s heavy coverage of highculture and aesthetics during the 1930s alongside more prosaicbusiness news as the result of a distinct split between a progressivestaff of writers, including James Agee and Archibald MacLeish,and more conservative editors and publisher Henry Luce, Augspurgerclaims to discern a     

Amy G. Richter. Home on the Rails: Women, the Railroad, and the Rise of Public Domesticity. Chapel Hill: University of North Carolina Press, 2005. xiii + 272 pp. ISBN 0-8078-2926-9, $49.95 (cloth); ISBN 0-8078-5591-X, $19.95 (paper).

In today’s fast-paced world we sometimes forget that railroadsof the nineteenth century were the first forms of transportationto annihilate time and space. Railroads, however, played a fargreater role than transforming these physical realities. Infact, Amy G. Richter’s Home on the Rails argues that railroadsbecame the sites and symbols of a reorganized cultural spacein America. Richter, an assistant professor of history at ClarkUniversity in Worcester, Massachusetts, began her study as a     

Simon Middleton. From Privileges to Rights: Work and Politics in Colonial New York City. Philadelphia, Pa.: University of Pennsylvania Press, 2006. 320 pp. ISBN 0-8122-3915-6, $45.00 (paper)

The idea of a transition from small producer to capitalist productionin late eighteenth-century America, a popular topic in 1980sand 1990s, is wrong. This is the message of Simon Middleton’sFrom Privileges to Rights, a study of New York City artisansin the colonial era. Using records from the Mayor’s Court(roughly equivalent to municipal courts today), and variousother sources, Middleton finds possessive individualism to bea growing force among New York City artisans at least     

Richard Coopey, ed. Information and Technology Policy: An International History. New York: Oxford University Press, 2004. xvi + 346 pp. ISBN 0-19-924105-8, $99.50 (cloth).

Richard Coopey’s Information and Technology Policy isan edited volume featuring an impressive array of scholars whoprovide nuanced accounts of national governmental policies relatedto the computer and (to a lesser extent) software industries.As Coopey writes in his introduction, the post–World WarII period is remembered as a time of American political, economic,and technological ascendancy. In the design, manufacture, anddistribution of computers, the United     

Price V. Fishback et al. Government and the American Economy: A New History

In Government and the American Economy: A New History, a distinguishedpanel of economic historians chronicles and evaluates how governmenthas shaped U.S. economic development and growth from the colonialperiod to the present. The volume is dedicated to Robert Higgs,whose seminal thesis on the growth of government—thatit is a crisis-induced and persistent process—is one ofthe volume's underlying themes (and the subject of Higgs’chapter titled, "The World Wars"). The other is that government     

Jarol B. Manheim. Biz-War and the Out-of-Power Elite: The Progressive-Left Attack on the Corporation. Mahwah, N.J.: Lawrence Erlbaum, 2004. xii + 216 pp. ISBN 0-8058-5068-6, $34.50 (cloth).

Over the past ten years a large, diverse, and increasingly sophisticatedliterature has emerged to explain the decline—indeed thedeath—of liberalism and the rise of the New Right to politicaldominance. Jarol Manheim argues that the death knell for liberalismand the left has been rung too soon. While conservatism currentlyis the dominant American ideology, Biz-War contends that itfaces a real threat from a reinvigorated left now known by anew, less pejorative name, the Progressive movement. Manheim’s