In this radical reinterpretation of the Financial Revolution, Craig Muldrew transforms our understanding of capitalism as a socially constructed set of institutions and beliefs. He shows how credit was transformed into capital through accounting and paper currency as well as through ideas about the self which stressed individual responsibility.
In this radical reinterpretation of the Financial Revolution, Craig Muldrew transforms our understanding of capitalism as a socially constructed set of institutions and beliefs. He shows how credit was transformed into capital through accounting and paper currency as well as through ideas about the self which stressed individual responsibility.
Craig Muldrew is Professor of Early Modern Social and Economic History at the University of Cambridge. He is the author of The Economy of Obligation (1998), which transformed the way we think of the relation of local credit to society.
Inhaltsangabe
Introduction: capitalism and dependence 1. Early modern capitalism: a concept too big to fail? 2. Value in motion: the inheritance of merchant capital and debates over credit 3. The financial revolution in the provinces: the creation of local paper currencies 4. Little land banks: the mortgaging revolution 5. An ethical fulcrum: from participation in the body of Christ to the happy self 6. Practical ethics, the self, and the economy in an era of religious dissent 7. Litigation decline and the transformation of legal culture 8. The dark side of thrift: capital and class formation - institutional stability and ethical inequality 9. The success of the first 'modern' banks: Scotland and the thirteen colonies, and failure in France 10. The emergence of local bankers in England, savings and Adam Smith's 'Capitalism' Conclusion Epilogue: the phantom of liberty.
Introduction: capitalism and dependence 1. Early modern capitalism: a concept too big to fail? 2. Value in motion: the inheritance of merchant capital and debates over credit 3. The financial revolution in the provinces: the creation of local paper currencies 4. Little land banks: the mortgaging revolution 5. An ethical fulcrum: from participation in the body of Christ to the happy self 6. Practical ethics, the self, and the economy in an era of religious dissent 7. Litigation decline and the transformation of legal culture 8. The dark side of thrift: capital and class formation - institutional stability and ethical inequality 9. The success of the first 'modern' banks: Scotland and the thirteen colonies, and failure in France 10. The emergence of local bankers in England, savings and Adam Smith's 'Capitalism' Conclusion Epilogue: the phantom of liberty.
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