The Economy of Obligation: The Culture of Credit and Social Relations in Early Modern England (Early Modern History: Society and Culture)

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9780312215651: The Economy of Obligation: The Culture of Credit and Social Relations in Early Modern England (Early Modern History: Society and Culture)
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This book is an excellent work of scholarship. It seeks to redefine the early modern English economy by rejecting the concept of capitalism, and instead explores the cultural meaning of credit, resulting from the way in which it was economically structured. It is a major argument of the book that money was used only in a limited number of exchanges, and that credit in terms of household reputation, was a 'cultural currency' of trust used to transact most business. As the market expanded in the late-sixteenth century such trust became harder to maintain, leading to an explosion of debt litigation, which in turn resulted in social relations being partially redefined in terms of contractual equality.

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Economy of Obligation: the Culture of Credit and Social Relations in Early Modern England In an excellent work of scholarship, Craig Muldrew seeks to redefine the early modern English economy by rejecting the concept of capitalism. Muldrew argues that actual money was used only in a limited number of exchanges, and that credit in terms of a "cultural currency" of trust based on household reputation was used to transact most business, until the late 16th century.

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'Craig Muldrew has written an imaginatively conceived and richly researched study of the meaning and practice of credit in early modern England.' - David Harris Sacks, Reed College, Journal of Economic History

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Book Description Palgrave USA, United States, 1998. Hardback. Condition: New. 1998 ed.. Language: English . Brand New Book ***** Print on Demand *****.This book is an excellent work of scholarship. It seeks to redefine the early modern English economy by rejecting the concept of capitalism, and instead explores the cultural meaning of credit, resulting from the way in which it was economically structured. It is a major argument of the book that money was used only in a limited number of exchanges, and that credit in terms of household reputation, was a cultural currency of trust used to transact most business. As the market expanded in the late-sixteenth century such trust became harder to maintain, leading to an explosion of debt litigation, which in turn resulted in social relations being partially redefined in terms of contractual equality. Seller Inventory # APC9780312215651

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Book Description Palgrave USA, United States, 1998. Hardback. Condition: New. 1998 ed.. Language: English . Brand New Book ***** Print on Demand *****. This book is an excellent work of scholarship. It seeks to redefine the early modern English economy by rejecting the concept of capitalism, and instead explores the cultural meaning of credit, resulting from the way in which it was economically structured. It is a major argument of the book that money was used only in a limited number of exchanges, and that credit in terms of household reputation, was a cultural currency of trust used to transact most business. As the market expanded in the late-sixteenth century such trust became harder to maintain, leading to an explosion of debt litigation, which in turn resulted in social relations being partially redefined in terms of contractual equality. Seller Inventory # APC9780312215651

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Book Description Palgrave MacMillan. Hardcover. Condition: New. 473 pages. Dimensions: 8.9in. x 5.8in. x 1.6in.This book is an excellent work of scholarship. It seeks to redefine the early modern English economy by rejecting the concept of capitalism, and instead explores the cultural meaning of credit which resulted from the way in which it was economically structured. It is a major argument of the book that money was used only in a limited number of exchanges, and that credit in terms of household reputation was a cultural currency of trust used to transact most business. As the market expanded in the late-sixteenth century such trust became harder to maintain, leading to an explosion of debt litigation, which in turn resulted in social relations being partially redefined in terms of contractual equality. This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. Hardcover. Seller Inventory # 9780312215651

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