Skip to main content Accessibility help
×
Hostname: page-component-76fb5796d-5g6vh Total loading time: 0 Render date: 2024-04-27T16:39:02.172Z Has data issue: false hasContentIssue false

b - Early Modern Business Projects and a Forgotten History of Corporate Social Responsibility

from 1 - The Evolution of the Corporate Form

Published online by Cambridge University Press:  31 March 2017

Koji Yamamoto
Affiliation:
University of Cambridge
Grietje Baars
Affiliation:
City University London
Andre Spicer
Affiliation:
City University London
Get access

Summary

He in Civil Life whose Thoughts turn upon Schemes which may be of general Benefit, without further Reflection, is call'd a Projector.

Richard Steele, June, 1710 (Tatler, 1987)

I hope I shall give Convincing Reasons & Clear demonstration for what I shall in future Assert, That it may appear, All Projectors are not Imposters[.]

Samuel Weale to the Society for the Propagation of the Gospel, 18 October 1706 (Rawlinson MS)

The other contributions in this section provide the reader with much useful information about corporations and their dynamism from robust historical perspectives. This chapter offers something different. For doubts about corporations and enterprises were long ago, as now, rife in England even before the advent of mass literacy and financial journalism in the nineteenth century. Sir Richard Steele and the more humble Samuel Weale were painfully aware of this public scepticism. While remembered chiefly as a contributor to the two literary enterprises, Tatler and Spectator, Steele was also known during his lifetime as a promoter of the ‘fish-pool’, an invention for transporting fish alive; Weale was appealing to the Society for the Propagation of the Gospel after having gone bankrupt and kept in a debtors’ prison due to his involvement in several short-lived companies. As their frustrations reveal, such promoters of corporations were derided as being little better than imposters and mountebanks. Note that promoters were dubbed ‘projectors’ – a term perhaps unfamiliar to most modern readers. In the absence of economic and management studies as intellectual disciplines, early modern commentators drew upon concepts like ‘projector’ to make sense of corporations and their ambitions (or pretensions) to achieve ‘general Benefit’, as Steele put it.

In this chapter, then, I want to broaden the keywords of this Handbook to include the early modern notions of the ‘project’, and its promoter the ‘projector’, in order to survey a forgotten pre-history of corporate social responsibility (CSR). Business ethics, social entrepreneurship and CSR have become important parts of business and management studies; they are among key agendas for non-governmental organisations, think tanks and political institutions concerned with corporations and their role in the transforming of society in which we now find ourselves. Moral justification is also an important theme in a branch of French sociology concerned with contemporary capitalism.

Type
Chapter
Information
The Corporation
A Critical, Multi-Disciplinary Handbook
, pp. 226 - 237
Publisher: Cambridge University Press
Print publication year: 2017

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Barnard, Toby (2008) Improving Ireland? Projectors, Prophets and Profiteers, 1641–1786 (Dublin: Four Courts Press).
Biagioli, Mario (2006) ‘From print to patents: living on instruments in early modern Europe’, History of Science 44: 139–186.Google Scholar
Bich Luu, Lien (2005) Immigrants and the Industries of London, 1500–1700 (Aldershot: Ashgate).
Boltanski, Luc, and Chiapello, Ève (2005) The New Spirit of Capitalism, Elliott, Gregory (trans.) (London: Verso).
Botero, Giovanni (1606) A Treatise, Concerning the Causes of the Magnificencie and Greatnes of Cities, Peterson, Robert (trans) (London).
Bushell, T. (1660) An extract … of the lord chancellor Bacons philosophical theory of mineral prosecutions.
Brugis, Thomas (1641) Discovery of a proiector.
Carroll, Archie B. (1999) ‘Corporate social responsibility: evolution of a definitional construct’, Business and Society 38: 268–295.Google Scholar
Coffman, D'Maris (2013) Excise Taxation and the Origins of Public Debt (Basingstoke: Palgrave Macmillan).
Crane, Andrew, Matten, Dirk, McWilliams, Abagail, Moon, Jeremy, and Siegel, Donald S. (eds.) (2008) The Oxford Handbook of Corporate Social Responsibility (Oxford: Oxford University Press).
Defoe, Daniel (1887) An essay upon project.
Drayton, Richard (2000) Nature's Government: Science, Imperial Britain, and the ‘Improvement’ of the World (New Haven, CT: Yale University Press).
European Commission (2011) A renewed EU strategy 2011–14 for Corporate Social Responsibility http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=COM:2011:0681:FIN:EN:PDF.
Fontaine, Laurence (2008) L’économie morale: pauvreté, crédit et confiance dans l'Europe préindustrielle (Paris: Gallimard).
Haines, Richard (1684) Aphorisms upon the new way of improving cyder.
Hall, Joseph (1608) Characters of vertues and vices.
Harkness, Deborah (2007) The Jewel House: Elizabethan London and the Scientific Revolution (New Haven, CT: Yale University Press).
Hartlib Papers: Electronic Edition (2002) edn. (Sheffield: University of Sheffield).
Heal, Felicity, and Holmes, Clive (2002) ‘The economic patronage of William Cecil’, in Croft, Pauline (ed.), Patronage, Culture and Power: The Early Cecils (New Haven, CT: Yale University Press), 199–229.
Hont, Istvan (2005) Jealousy of Trade: International Competition and the Nation-State in Historical Perspective (Cambridge, MA: Harvard University Press).
Jonsson, Fredrik Albritton (2013) Enlightenment's Frontier: The Scottish Highlands and the Origins of Environmentalism (New Haven, CT: Yale University Press).
JR (1615) Trades increase.
Lake, Peter, and Pincus, Steve (eds.) (2007) The Politics of the Public Sphere in Early Modern England (Manchester: Manchester University Press).
Livy Peck, Linda (1990) Court Patronage and Corruption in Early Stuart England (Boston: Unwin Hyman).
Long, Pamela O. (2001) Openness, Secrecy, Authorship: Technical Arts and the Culture of Knowledge from Antiquity to the Renaissance (Baltimore: John Hopkins University Press).
McCabe, Richard A. (1982) Joseph Hall: A Study in Satire and Meditation (Oxford: Clarendon).
Marinetto, M. (1999) ‘The historical development of businesses philanthropy: social responsibility in the new corporate economy’, Business History 41: 1–20.Google Scholar
Muchmore, Lynn (1971) ‘The project literature: an Elizabethan example’, Business History Review 45(4): 474–487.Google Scholar
Murphy, Anne L. (2009) The Origins of English Financial Markets: Investment and Speculation before the South Sea Bubble (New York: Cambridge University Press).
Petty, William (1679) A Treatise of taxes and contributions.
Plattes, Gabriel (1644) Profitable intelligencer.
Prestwich, Menna (1966) Cranfield: Politics and Profits under the Early Stuarts (Oxford: Clarendon).
Rawson Gardiner, Samuel (ed.) (1906) The Constitutional Documents of the Puritan Revolution 1625–1660, edn (Oxford: Clarendon).
Slack, Paul (1988) Poverty and Policy in Tudor and Stuart England (London: Longman).
Slack, Paul (1999) From Reformation to Improvement: Public Welfare in Early Modern England (New York and Oxford: Oxford University Press).
Sprat, Thomas (1662) The History of the Royal Society.
Taylor, John (1637) The carriers cosmographie.
Tatler (1987) Bond, Donald F. (ed.) 3 volumes, volume 1, no. 183 (Oxford: Clarendon) 491–92.
Thirsk, Joan (1978) Economic Policy and Projects (Oxford: Clarendon).
Thompson, E. P. (1993) Customs in Common: Studies in Traditional Popular Culture (New York: The New Press).
Waddell, Brodie (2012) God, Duty and Community in English Economic Life, 1660–1720 (Woodbridge: Boydell & Brewer Press).
Wentworth, Thomas (1739) The Earl of Strafford's letters and dispatches, Knowler, W. (ed.) 2 volumes.
Wrightson, Keith (2002) Earthly Necessities: Economic Lives in Early Modern Britain, 1470–1750 (London: Penguin Books).
Yamamoto, Koji (2011) ‘Piety, profit and public service in the financial revolution’, English Historical Review 126: 806–834.Google Scholar
Yamamoto, Koji (2012) ‘Reformation and the distrust of the projector in the Hartlib circle’, Historical Journal 55(2): 357–397.Google Scholar
Yarranton, Andrew (1677) England's improvement by sea and land.

Save book to Kindle

To save this book to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×