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The Company: A Short History of a Revolutionary Idea

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Chosen by BusinessWeek as One of the Top Ten Business Books of the Year

With apologies to Hegel, Marx, and Lenin, the basic unit of modern society is neither the state, nor the commune, nor the party; it is the company. From this bold premise, John Micklethwait and Adrian Wooldridge chart the rise of one of history’s great catalysts for good and evil.

In a “fast-paced and well-written” work (Forbes), the authors reveal how innovations such as limitations on liability have permitted companies...