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Profiting the Crown: Canada's Polymer Corporation, 1942-1990
 
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Profiting the Crown: Canada's Polymer Corporation, 1942-1990 (Hardcover)

by Matthew J. Bellamy (Author)
5.0 out of 5 stars  See all reviews (1 customer review)
List Price: CDN$ 65.00
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'"This book is well-written, effectively organized, and concise. Bellamy has done an excellent job of describing technical material, such as new technologies, discussing changes in business practices, and analysing the interaction between several different governments and the corporation's board of directors, in a detailed and readable manner. I enjoyed reading this book." Janice MacKinnon, Department of History, University of Saskatchewan, and author of Minding the Public Purse


Product Description

Crown corporations are widely regarded as a Canadian invention. Since 1841 they have been dexterously implemented and hotly debated as instruments of public policy. However the failures of a number of state-run enterprises in the twentieth century have led a majority of Canadians to conclude that government has no place in the boardrooms of the nation. Matthew Bellamy's comprehensive account of Polymer's rise and evolution contradicts this widely held position and brings to light the accomplishments of one of Canada's pioneering crown corporations.

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5.0 out of 5 stars A "Crowning" Success, Dec 4 2006
By Dekkerd Miyahara (Ottawa ON Canada) - See all my reviews
(REAL NAME)   
Carleton University Economic History instructor, Matthew Bellamy, throws down the success story of a Canadian Crown Corporation in his history of Canada's Polymer Corp. And it hits hard, winning the 2006 (Canadian) National Business Book Award. Polymer started out as a technology-based gamble in WWII when Japan entered the war, cutting off Allied rubber supplies in Asia. With thousands of wartime equipment pieces depending solely on rubber, this development would have the Allied war machine grinding to a halt very shortly. Enter Canada, the historically staple-based exporter. Enter C.D. Howe, risk-taking businessman turned Minister of Munitions. See the largest Canadian Government funded project in history. The result is the birth of the Polymer Crown Corporation which dazzled the world with its synthetic rubber being produced on an industrial scale. Such a feat had only prior been produced in the laboratory environment, but Canada sprang ahead with the world watching carefully. Bellamy tracks Polymer's successes and failures, which became epic after the war, when the company adopted a 'profit or perish' ideology. Polymer forced a Canadian Crown Corporation to compete on the global market, displaying a business dynamic and know-how on par with any private enterprise. Bellamy shows in "Profiting the Crown" that crown corporations can do good, and how Polymer did it.
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