A Common Brotherhood for Their Mutual Benefit: Sir Charles Macara and Internationalism in the Cotton Industry, 1904-1914
Document Type
Article
Publication Date
6-15-2015
Abstract
© Copyright The Author 2015. Published by Cambridge University Press on behalf of the Business History Conference. All rights reserved. Unlike their national counterparts, international trade associations are a little-studied aspect of the global economic system. Much of the literature on trade associations has focused on rent-seeking behavior, although theories of transaction costs and social capital have been gaining influence. This article uses the early history of the International Federation of Master Cotton Spinners' and Manufacturers' Associations (IFMCSMA), still operating today as the International Textile Manufacturers' Federation, to test different explanations for the formation and persistence of international trade associations. The IFMCSMA case illustrates the challenges of rent-seeking on an international scale, and highlights the importance of social ties in building cooperation. Firms and individuals used the IFMCSMA to pursue reforms across the cotton textile industry and enjoyed some success in collective negotiations with other actors and organizations.
Publication Title
Enterprise and Society
Recommended Citation
Robins, J.
(2015).
A Common Brotherhood for Their Mutual Benefit: Sir Charles Macara and Internationalism in the Cotton Industry, 1904-1914.
Enterprise and Society,
16(4), 847-888.
http://doi.org/10.1017/eso.2015.29
Retrieved from: https://digitalcommons.mtu.edu/michigantech-p/7738