This volume takes stock of recent research on economic growth, as well as the development of capital and labour markets, during the centuries that preceded the Industrial Revolution. The book underlines the diversity in the economic experiences of early modern Europeans and suggests how this variety might be the foundation of a new conception of economic and social change.
Early modern England had a distinctive preoccupation with the social responsibilities of private businesses. Koji Yamamoto explores for the first time how promises of public service in the economic sphere came to be abused, and how statesmen, playwrights, petitioners, and merchants responded to such perversions of promised public service.
Between the end of the Middle Ages and the Industrial Revolution, the long-established structures and practices of European agriculture and industry were slowly, disparately, but profoundly transformed. Transitions to Capitalism in Early Modern Europe, first published in 1997, narrates and analyzes the diverse patterns of economic change that permanently modified rural and urban production, altered Europe's economy and geography, and gave birth to new social classes. Broad in chronological and geographical scope and explicitly comparative, the book introduces readers to a wealth of information drawn from thoughout Mediterranean, east-central, and western Europe, as well as to the classic interpretations and current debates and revisions. The study incorporates scholarship on topics such as the world economy and women's work, and it discusses at length the impact of the emergent capitalist order on Europe's working people.
This book hinges upon ideas and discourses variously known under labels such as “Mercantilism” and “Cameralism”. Often viewed as antithesis of capitalism, inclusive institutions and good economy in the “West”, this book re-assembles them and builds them into a coherent origin story of modern capitalism. It explores the field of intellectual and conceptual history, especially the history of Renaissance and Mercantilism in a longer history of capitalism. Rather than hindrances, the author argues that Mercantilist and Cameralist political economies presented essential stepping stones of modern capitalism, in Britain and beyond. This book will be of interest to academics and students in general economic history, the history of capitalism, economic development and the history of economic thought.
Redefining Capitalism in Global Economic Development reconsiders capitalism by taking into account the unfolding forces of economic globalization, especially in Asian economies. It explores the economic implications and consequences of recent financial crises, terrorism, ultra-low interest rates that are decades-long, debt-prone countries and countries with large trade surpluses. The book illuminates these economic implications and consequences through a framework of capitalist ideologies and concepts, recognizing that Asia is redefining capitalism today. The author, Li, seeks not to describe why nations fail, but how the sustainability of capitalism can save the world. - Merges capitalist theory with global events, as few books do - Emphasizes ways to interpret capitalist ideas in light of current global affairs - Reframes capitalism via economics, supported by insights from political science, sociology, international relations and peace studies
In the late sixteenth through seventeenth centuries, England simultaneously developed a national market and a national literary culture. Writing at the Origin of Capitalism describes how economic change in early modern England created new patterns of textual production and circulation with lasting consequences for English literature. Synthesizing research in book and media history, including investigations of manuscript and print, with Marxist historical theory, this volume demonstrates that England's transition to capitalism had a decisive impact on techniques of writing, rates of literacy, and modes of reception, and, in turn, on the form and style of texts. Individual chapters discuss the impact of market integration on linguistic standardization and the rise of a uniform English prose; the growth of a popular literary market alongside a national market in cheap commodities; and the decline of literary patronage with the monarchy's loosening grip on trade regulation, among other subjects. Peddlers' routes and price integration, monopoly licenses and bills of exchange, all prove vital for understanding early modern English writing. Each chapter reveals how books and documents were embedded in wider economic processes, and as a result, how the origin of capitalism constituted a revolutionary event in the history of English literature.
Incorporating original archival research and a series of critiques of recent accounts of economic development in pre-modern England, in The Origin of Capitalism in England, 1400-1600, Spencer Dimmock has produced a challenging and multi-layered account of a historical rupture in English feudal society which led to the first sustained transition to agrarian capitalism and consequent industrial revolution. Genuinely integrating political, social and economic themes, Spencer Dimmock views capitalism broadly as a form of society rather than narrowly as an economic system. He firmly locates its beginnings with conflicting social agencies in a closely defined historical context rather than with evolutionary and transhistorical commercial developments, and will thus stimulate a thorough reappraisal of current orthodoxies on the transition to capitalism.
Between the end of the Middle Ages and the early nineteenth century, the long-established structures and practices of European trade, agriculture, and industry were disparately but profoundly transformed. Revised, updated, and expanded, this second edition of Transitions to Capitalism in Early Modern Europe narrates and analyses the diverse trends that greatly enlarged European commerce, permanently modified rural and urban production, gave birth to new social classes, remade consumer habits, and altered global economic geographies, culminating in capitalist industrial revolution. Broad in chronological and geographical scope and explicitly comparative, Robert S. DuPlessis' book introduces readers to a wealth of information drawn from throughout Eastern, Western and Mediterranean Europe, as well as to classic interpretations, current debates, new scholarship, and suggestions for further reading.
Why did modern capitalism not arise in late imperial China? One famous answer comes from Max Weber, whose The Protestant Ethic and the Spirit of Capitalism gave a canonical analysis of religious and cultural factors in early modern European economic development. In The Religions of China, Weber contended that China lacked the crucial religious impetus to capitalist growth that Protestantism gave Europe. The preeminent historian Ying-shih Yü offers a magisterial examination of religious and cultural influences in the development of China’s early modern economy, both complement and counterpoint to Weber’s inquiry. The Religious Ethic and Mercantile Spirit in Early Modern China investigates how evolving forms of Buddhism, Confucianism, and Daoism created and promulgated their own concepts of the work ethic from the late seventh century into the Qing dynasty. The book traces how religious leaders developed the spiritual significance of labor and how merchants adopted this religious work ethic, raising their status in Chinese society. However, Yü argues, China’s early modern mercantile spirit was restricted by the imperial bureaucratic priority on social order. He challenges Marxists who championed China’s “sprouts of capitalism” during the fifteenth through eighteenth centuries as well as other modern scholars who credit Confucianism with producing dramatic economic growth in East Asian countries. Yü rejects the premise that China needed an early capitalist stage of development; moreover, the East Asian capitalism that flourished in the later half of the twentieth century was essentially part of the spread of global capitalism. Now available in English translation, this landmark work has been greatly influential among scholars in East Asia since its publication in Chinese in 1987.
