I'm familiar with Lytton Strachey's Eminent Victorians, and when I read it I liked it because it was so rude and cutting about characters who were regarded as saints by the Victorians. The authors of this book have got into the same spirit in their account of the men who grace the City pages of the national newspapers. They tell the story with a sense of humour - chapter titles like 'The Euthanasia of Captain Mainwaring' and a stylish turn of phrase, 'Being the British Government, trained in the art of taking no action for decades at a time...'
Having been to a public school, I always thought the East India Company was something rather wonderful. But the truth is rather horrible. Having been to Oxford, organisations like BP, BZW and the BBC, were the proper destinations for the young elite, but again the truth is that their size makes them appear to be something they're not.
Simms and Boyle demolish corporate pretentions with gossipy asides and irreverent details. Cyril Connolly said of Eminent Victorians, it was a guilty pleasure, you kept wanting to creep back and read some more, like a child helping himself to forbidden spoonfuls of jam. This book is just like that, and more, because it ends up with an impassioned anti-corporate treatise arguing for human-scale organisations, which give employees a say. Human beings crave meaning as well as money, and 'history' is very important in the creation of purposeful businesses.
The catastrophe of the First World War was Strachey's motivation, the meltdown of 2008 has provided the authors with the material to demolish widely-accepted myths. I hope the BBC encourages the authors to make a documentary of the book! But I shan't hold my breath.