Gerald Berk, a political scientist, has recognized this, as has William Roy, a historical sociologist.
William Roy, Socializing Capital: The Rise of the Large Industrial Corporation in America, (Princeton: Princeton Univ. Press, 1997), 95;
Quote, Adams to Moorfield Storey, Feb. 2, 1885, UP, PO, OC, vol. 27, ser. 2, r. 23;
for policies during the Civil War, Heather Cox Richardson, The Greatest Nation of the Earth: Republican Economic Policies during the Civil War (Cambridge: Harvard Univ. Press, 1997), 170-72, 175, 178-80.
The bulk of American historians have relegated the study of corporations to the subfield of business history. Business historians have thrived on the neglect of their colleagues and created an impressive body of literature that should be better integrated into the larger narratives of American and Canadian history.
Thomas McCraw, Prophet of Innovation: Joseph Schumpeter and Creative Destruction, 30 (Sept. 1970): 604, 625.
John Joseph Wallis, Constitutions, Corporations, and Internal Improvements: American States, 1841-1852, (unpublished paper, April 2002), 1819.