Merchant Kings: When Companies Ruled The World, 1600--1900

Merchant Kings: When Companies Ruled the World, 1600--1900

About the AuthorStephen R. Bown has been writing about adventurers, travelers, and explorers for many years. He is the author of 1494: How a Family Feud in Medieval Spain Divided the world in Half; Madness, Betrayal and the Lash; Scurvy; A Most Damnable Invention; and Merchant Kings. He lives in the Canadian Rockies with his wife and two children.Commerce meets conquest in this swashbuckling story of the six merchant-adventurers who built the modern worldIt was an era when monopoly trading companies were the unofficial agents of European expansion, controlling vast numbers of people and huge tracts of land, and taking on governmental and military functions. They managed their territories as business interests, treating their subjects as employees, customers, or competitors. The leaders of these trading enterprises exercised virtually unaccountable, dictatorial political power over millions of people.The merchant kings of the Age of Heroic Commerce were a rogue's gallery of larger-than-life men who, for a couple hundred years, expanded their far-flung commercial enterprises over a sizable portion of the world. They include Jan Pieterszoon Coen, the violent and autocratic pioneer of the Dutch East India Company; Peter Stuyvesant, the one-legged governor of the Dutch West India Company, whose narrow-minded approach lost Manhattan to the British; Robert Clive, who rose from company clerk to become head of the British East India Company and one of the wealthiest men in Britain; Alexandr Baranov of the Russian American Company; Cecil Rhodes, founder of De Beers and Rhodesia; and George Simpson, the "Little Emperor" of the Hudson's Bay Company, who was chauffeured about his vast fur domain in a giant canoe, exhorting his voyageurs to paddle harder so he could set speed records.Merchant Kings looks at the rise and fall of company rule in the centuries before colonialism, when nations belatedly assumed responsibility for their commercial enterprises. A blend of biography, corporate history, and colonial history, this book offers a panoramic, new perspective on the enormous cultural, political, and social legacies, good and bad, of this first period of unfettered globalization.From Publishers WeeklyStarred Review. Bown (A Most Damnable Invention) has produced a magnificent description of the six great companies, and their leaders, that dominated the "Heroic Age of Commerce." Bown demonstrates how the corporations served as stalking horses for kings and parliaments while enriching shareholders and the powerful managers themselves. Jan Pieterszoon Coen of the Dutch East India Company was particularly noteworthy for cruel tyranny in what is now Indonesia. The English East India Company's Robert Clive, through genius and perseverance, rose to a position of near-absolute power in India. Aleksander Baranov of the Russian American Company, known as the "Lord of Alaska," was bound by ties of decency and responsibility to the company's men, but also had a deep strain of brutality. Cecil Rhodes of the British South Africa Company and of De Beers, the South African diamond monopoly, was dedicated both to the British Empire and to the success of his various enterprises. Bown presents a fascinating look at the men who exploited resources and native peoples while laying the foundations of empires. "Neither heroes nor angels," Bown says, their global impact was as great as that of any king. Illus.; maps. (Dec.)(c) Copyright PWxyz, LLC. All rights reserved.From BooklistMonopolies, such as England? storied East India Company, have inspired many popular histories and biographies. Bown synthesizes this material into a lively gallery of six men who built up their firms and enriched themselves. Motivations and character are in the forefront of Bown? portraits, whose subjects viewed their employment as their main chance for ascending to status and wealth, manifesting traits of determination and ruthlessness along the