The business corporation is among the most remarkable of all human innovations. Corporations are warring armies battling for supremacy in markets. The resulting symbiosis between command and competition has proved very fruitful. The unprecedented economic development seen since the middle of the 19th century would have been impossible without the resources and organisational capacities of that great invention — the limited liability joint-stock company.
在人類的所有創新中，商業公司是最了不起的。公司就是交戰的軍隊，不斷爭奪著市場霸權。事實證明，由此產生的控制與競爭并存是卓有成效的。如果沒有“有限責任股份公司”這一偉大發明的資源和組織能力，那么19世紀中葉以來前所未有的經濟發展將是不可能出現的。
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