By Peter Malpass
Issue 28, Spring 2014 pp 21-27
“The phrase ‘community capitalism’ was coined by Charles Harvey and John Press: Before 1914, there existed in Bristol a close knit business community with a commitment to the economic well-being of the city. The leaders of this community– men like Sir George White, Albert Fry, Christopher Thomas and Joseph Wethered – formed an economic elite with powerful social and political connections. They jointly promoted many companies, held many directorships,and controlled a large number of major enterprises. This was not so much family capitalism as community capitalism”.
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