Bankruptcy and Debt Collection in Liberal Capitalism

Bankruptcy and Debt Collection in Liberal Capitalism

Author: Mischa Suter

Publisher: University of Michigan Press

Published: 2021-06-02

Total Pages: 337

ISBN-13: 047212885X

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Drawing on perspectives from anthropology and social theory, this book explores the quotidian routines of debt collection in nineteenth-century capitalism. It focuses on Switzerland, an exemplary case of liberal rule. Debt collection and bankruptcy relied on received practices until they were standardized in a Swiss federal law in 1889. The vast array of these practices was summarized by the idiomatic Swiss legal term “Rechtstrieb” (literally, “law drive”). Analyzing these forms of summary justice opens a window to the makeshift economies and the contested political imaginaries of nineteenth-century everyday life. Ultimately, the book advances an empirically grounded and theoretically informed history of quotidian legal practices in the everyday economy; it is an argument for studying capitalism from the bottom up.


Liberalism and Capitalism: Volume 28, Part 2

Liberalism and Capitalism: Volume 28, Part 2

Author: Ellen Frankel Paul

Publisher: Cambridge University Press

Published: 2011-08-08

Total Pages: 309

ISBN-13: 1107640261

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Political philosophers, theorists and historians address what are the core values of liberalism and how can they best be promoted?


In the Red and in the Black

In the Red and in the Black

Author: Erika Vause

Publisher: University of Virginia Press

Published: 2018-11-09

Total Pages: 306

ISBN-13: 0813941423

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"The most dishonorable act that can dishonor a man." Such is Félix Grandet’s unsparing view of bankruptcy, adding that even a highway robber—who at least "risks his own life in attacking you"—is worthier of respect. Indeed, the France of Balzac’s day was an unforgiving place for borrowers. Each year, thousands of debtors found themselves arrested for commercial debts. Those who wished to escape debt imprisonment through bankruptcy sacrificed their honor—losing, among other rights and privileges, the ability to vote, to serve on a jury, or even to enter the stock market. Arguing that French Revolutionary and Napoleonic legislation created a conception of commercial identity that tied together the debtor’s social, moral, and physical person, In the Red and in the Black examines the history of debt imprisonment and bankruptcy as a means of understanding the changing logic of commercial debt. Following the practical application of these laws throughout the early nineteenth century, Erika Vause traces how financial failure and fraud became legally disentangled. The idea of personhood established in the Revolution’s aftermath unraveled over the course of the century owing to a growing penal ideology that stressed the state’s virtual monopoly over incarceration and to investors’ desire to insure their financial risks. This meticulously researched study offers a novel conceptualization of how central "the economic" was to new understandings of self, state, and the market. Telling a story deeply resonant in our own age of ambivalence about the innocence of failures by financial institutions and large-scale speculators, Vause reveals how legal personalization and depersonalization of debt was essential for unleashing the latent forces of capitalism itself.


Working for Debt

Working for Debt

Author: Simon Bittmann

Publisher: Columbia University Press

Published: 2024-08-06

Total Pages: 338

ISBN-13: 0231554761

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In the early twentieth century, wage loans became a major source of cash for workers all over the United States. From Black washerwomen to white foremen, Illinois roomers to Georgia railroad men, workers turned to labor income as collateral for borrowing capital. Networks of companies started profiting from payday and property advances, exposing debtors to the grim prospects of garnishments of their wages and possessions in order to mitigate the risk of default. Progressive and later New Deal reformers sought to eradicate these practices, denouncing “loan sharks” and “financial slavery” as major threats to a new credit democracy. They proposed fair credit as a universal solution to move past industrial poverty and boost consumer freedom—but in doing so, reformers, lenders, and bankers limited credit access to the white middle-class constituencies seen as worthy of protection against extortion. Working for Debt explores how the fight against wage loans divided the American credit market along class, race, and gender lines. Simon Bittmann argues that the moral and political crusades of Progressive Era reformers helped create the exclusionary credit markets that favored white male breadwinners. The politics of credit expansion served to obscure the failures of U.S. capitalism, using the “loan shark” as a scapegoat for larger, deeper depredations. As credit became a core feature of U.S. capitalism, the association of legitimate borrowing with white middle-class households and the financial exclusion of others was entrenched. Blending economic sociology with business, labor, and social history, this book shows how social stratification shaped credit markets, with enduring consequences for class, race, and gender inequalities.


Moderate Modernity

Moderate Modernity

Author: Jochen Hung

Publisher: University of Michigan Press

Published: 2023-02-06

Total Pages: 275

ISBN-13: 0472133322

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A history of "Germany's most modern newspaper" through the rise of the Nazis and the collapse of Germany's first democracy


Women in German Expressionism

Women in German Expressionism

Author: Anke Finger

Publisher: University of Michigan Press

Published: 2023-08-07

Total Pages: 373

ISBN-13: 0472903675

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This collection, for the first time, explores women’s self-conceptions and representations of women’s and gender roles in society in their own Expressionist works. How did women approach themes commonly considered to be characteristic of the Expressionist movement, and did they address other themes or aesthetics and styles not currently represented in the canon? Women in German Expressionism centers its analysis on gender, together with difference, ethnicity, intersectionality, and identity, to approach artworks and texts in more nuanced ways, engaging solidly established theoretical and sociohistorical approaches that enhance and update our understanding of the material under investigation. It moves beyond the masculine, “New Man,” viewpoint so firmly associated with German Expressionism and examines alternative, critical, and divergent interpretations of the changing world at the time. This collection seeks to broaden the theorization, scholarship, and reception of German Expressionism by—much belatedly—including works by women, and by shifting or redefining firmly established concepts and topics carrying only the imprint of male authors and artists to this day.


The Arts of Democratization

The Arts of Democratization

Author: Jennifer M. Kapczynski

Publisher: University of Michigan Press

Published: 2022-02-07

Total Pages: 279

ISBN-13: 0472132911

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How postwar West German democracy was styled through word, image, sound, performance, and gathering


African Students in East Germany, 1949-1975

African Students in East Germany, 1949-1975

Author: Sara Pugach

Publisher: University of Michigan Press

Published: 2022-10-13

Total Pages: 275

ISBN-13: 0472220578

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This book explores the largely unexamined history of Africans who lived, studied, and worked in the German Democratic Republic. African students started coming to the East in 1951 as invited guests who were offered scholarships by the East German government to prepare them for primarily technical and scientific careers once they returned home to their own countries. Drawn from previously unexplored archives in Germany, Ghana, Kenya, Zambia, and the United Kingdom, African Students in East Germany, 1949–1975 uncovers individual stories and reconstructs the pathways that African students took in their journeys to the GDR and what happened once they got there. The book places these experiences within the larger context of German history, questioning how ideas of African racial difference that developed from the eighteenth through the early twentieth centuries impacted East German attitudes toward the students. The book additionally situates African experiences in the overlapping contexts of the Cold War and decolonization. During this time, nations across the Western and Soviet blocs were inviting Africans to attend universities and vocational schools as part of a drive to offer development aid to newly independent countries and encourage them to side with either the United States or Soviet Union in the Cold War. African leaders recognized their significance to both Soviet and American blocs, and played on the desire of each to bring newly independent nations into their folds. Students also recognized their importance to Cold War competition, and used it to make demands of the East German state. The book is thus located at the juncture of many different histories, including those of modern Germany, modern Africa, the Global Cold War, and decolonization.


Spaces of Honor

Spaces of Honor

Author: Heikki Lempa

Publisher: University of Michigan Press

Published: 2021-08-16

Total Pages: 257

ISBN-13: 0472132636

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Traces the development of German civil society through collective actions of honor