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Taming Capitalism before its Triumph

Author: Koji Yamamoto

Publisher: Oxford University Press

Published: 2018-04-20

Total Pages: 304

ISBN-13: 0191059684

This study examines the darker side of England's culture of economic improvement between 1640 and 1720. It is often suggested that England in this period grew strikingly confident of its prospect for unlimited growth. Indeed, merchants, inventors, and others promised to achieve immense profit and abundance. Such flowery promises were then, as now, prone to perversion, however. This volume is concerned with the taming of incipient capitalism — how a society in the past responded when promises of wealth creation went badly wrong. It reveals a history of numerous visible hands taming incipient capitalism, a story that Adam Smith and his admirers have long set aside. The notion of 'projecting' played a key role in this process. Thriving theatre, literature, and popular culture in the age of Ben Jonson began elaborating on predominantly negative images of entrepreneurs or 'projectors' as people who pursued Crown's and their own profits at the public's expense. This study examines how the ensuing public distrust came to shape the negotiation in the subsequent decades over the nature of embryonic capitalism. The result is a set of fascinating discoveries. By scrutinising greedy 'projectors', the incipient public sphere helped reorient the practices and priorities of entrepreneurs and statesmen away from the most damaging of rent-seeking behaviours. Far from being a recent response to mainstream capitalism, ideas about socially responsible business have long shaped the pursuit of wealth, power, and profit. Taming Capitalism before its Triumph unravels the rich history of broken promises of public service and ensuing public suspicion — a story that throws fresh light on England's 'transition to capitalism', especially the emergence of consumer society and the financial revolution towards the end of the seventeenth century.

Taming Capitalism Before Its Triumph

Author: Koji Yamamoto

Publisher:

Published: 2018

Total Pages:

ISBN-13: 9780191802300

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Taming Capitalism Before Its Triumph

Author: Koji Yamamoto

Publisher: Oxford University Press

Published: 2018

Total Pages: 355

ISBN-13: 0198739176

DOWNLOAD EBOOK →

This study examines the darker side of England's culture of economic improvement between 1640 and 1720. It is often suggested that England in this period grew strikingly confident of its prospect for unlimited growth. Indeed, merchants, inventors, and others promised to achieve immense profit and abundance. Such flowery promises were then, as now, prone to perversion, however. This volume is concerned with the taming of incipient capitalism - how a society in the past responded when promises of wealth creation went badly wrong. The notion of 'projecting' played a key role in this process. Thriving theatre, literature, and popular culture in the age of Ben Jonson began elaborating on predominantly negative images of entrepreneurs or 'projectors' as people who pursued Crown's and their own profits at the public's expense. This study examines how the ensuing public distrust came to shape the negotiation in the subsequent decades over the nature of embryonic capitalism. The result is a set of fascinating discoveries. By scrutinising greedy 'projectors', the incipient public sphere helped reorient the practices and priorities of entrepreneurs and statesmen away from the most damaging of rent-seeking behaviours. Far from being a recent response to mainstream capitalism, ideas about socially responsible business have long shaped the pursuit of wealth, power, and profit. Taming Capitalism before its Triumph unravels the rich history of broken promises of public service and ensuing public suspicion - a story that throws fresh light on England's 'transition to capitalism', especially the emergence of consumer society and the financial revolution towards the end of the seventeenth century.

The Cultural Life of Risk and Innovation

Author: Chia Yin Hsu

Publisher: Routledge

Published: 2020-09-29

Total Pages: 168

ISBN-13: 1000195759

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How did "innovation" become something to strive for, an end in itself? And how did "the market" come to be thought of as the space of innovation? This edited volume provides the first historical examination of how innovations are conceived, marketed, navigated and legitimated from a global perspective that highlights contrasting experiences. These experiences include: colonial "projecting" in the Dutch New Netherlands, trust networks in the early US securities market, female investors during the Financial Revolution, life insurance in nineteenth-century France, "bubbles" and trusts in 1920s Shanghai, government regulation of the pre-Revolutionary stock market and the checkered success of today’s bit-coin technology. By discussing these diverse contexts together, this volume provides a pathbreaking reconsideration of market and business activities in light of both the techniques and the emotional vectors that infuse them.

Historicizing Self-Interest in the Modern Atlantic World

Author: Christine Zabel

Publisher: Routledge

Published: 2021-03-15

Total Pages: 302

ISBN-13: 1000364070

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This volume historicizes the use of the notion of self-interest that at least since Bernard de Mandeville and Adam Smith’s theories is considered a central component of economic theory. Having in the twentieth century become one of the key-features of rational choice models, and thus is seen as an idealized trait of human behavior, self-interest has, despite Albert O. Hirschman’s pivotal analysis of self-interest, only marginally been historicized. A historicization(s) of self-interest, however, offers new insights into the concept by asking why, when, for what reason and in which contexts the notion was discussed or referred to, how it was employed by contemporaries, and how the different usages developed and changed over time. This helps us to appreciate the various transformations in the perception of the notion, and also to explore how and in what ways different people at different times and in different regions reflected on or realized the act of considering what was in their best interest. The volume focuses on those different usages, knowledges, and practices concerned with self-interest in the modern Atlantic World from the seventeenth to twentieth centuries, by using different approaches, including political and economic theory, actuarial science, anthropology, or the history of emotions. Offering a new perspective on a key component of Western capitalism, this is the ideal resource for researches and scholars of intellectual, political and economic history in the modern Atlantic World.

Stereotypes and stereotyping in early modern England

Author: Koji Yamamoto

Publisher: Manchester University Press

Published: 2022-10-25

Total Pages: 322

ISBN-13: 1526119153

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Early modern stereotypes used to be studied as evidence of popular belief, something mired with prejudices and commonly held assumptions. Stereotypes and stereotyping in early modern England goes beyond this view by exploring practices of stereotyping as contested processes. To do so, the volume draws on recent works on social psychology and sociology. It thereby brings together early modern case studies and explores how stereotypes and their mobilisation shaped various negotiations of power, in spheres of life such as politics, religion, economy and knowledge production.

The Interlopers

Author: Vera Keller

Publisher: JHU Press

Published: 2023-04-18

Total Pages: 369

ISBN-13: 1421445921

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A reframing of how scientific knowledge was produced in the early modern world. Many accounts of the scientific revolution portray it as a time when scientists disciplined knowledge by first disciplining their own behavior. According to these views, scientists such as Francis Bacon produced certain knowledge by pacifying their emotions and concentrating on method. In The Interlopers, Vera Keller rejects this emphasis on discipline and instead argues that what distinguished early modernity was a navigation away from restraint and toward the violent blending of knowledge from across society and around the globe. Keller follows early seventeenth-century English "projectors" as they traversed the world, pursuing outrageous entrepreneurial schemes along the way. These interlopers were developing a different culture of knowledge, one that aimed to take advantage of the disorder created by the rise of science and technological advances. They sought to deploy the first submarine in the Indian Ocean, raise silkworms in Virginia, and establish the English slave trade. These projectors developed a culture of extreme risk-taking, uniting global capitalism with martial values of violent conquest. They saw the world as a riskscape of empty spaces, disposable people, and unlimited resources. By analyzing the disasters—as well as a few successes—of the interlopers she studies, Keller offers a new interpretation of the nature of early modern knowledge itself. While many influential accounts of the period characterize European modernity as a disciplining or civilizing process, The Interlopers argues that early modernity instead entailed a great undisciplining that entangled capitalism, colonialism, and science.

Corporate Culture

Author: Liam D. Haydon

Publisher: Routledge

Published: 2018-08-06

Total Pages: 192

ISBN-13: 1315531038

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The corporation – an immortal collective bound to act for the common good – was developed in the seventeenth century, but comparatively little attention has been paid to its literary ramifications. This work combines corporate history with literary analysis to demonstrate how corporations, and the literature they engendered, shaped ideas of the public sphere, trust, the morality of trade and exchange, national identity, and salvation. Drawing on a wide range of genres – including corporate publications, letters, and minute books; dramatic works; epic poetry and sermons – this study shows how widely corporate rhetoric spread, and how embedded it was in the early modern social imagination.

Managing the Wealth of Nations

Author: Philipp Robinson Rössner

Publisher: Policy Press

Published: 2023-03-27

Total Pages: 301

ISBN-13: 1529211239

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‘Commerce and manufactures gradually introduced order and good government,’ wrote Adam Smith in his Wealth of Nations, ‘and with them, the liberty and security of individuals.’ However, Philipp Robinson Rössner shows how, when looked at in the face of history, it has usually been the other way around. This book follows the development of capitalism from the Middle Ages through the industrial revolution to the modern day, casting new light on the areas where premodern political economies of growth and development made a difference. It shows how order and governance provided the foundation for prosperity, growth and the wealth of nations. Written for scholars and students of economic history, this is a pioneering new study that debunks the neoliberal origin myth of how capitalism came into the world.

Trust and Distrust

Author: Mark Knights

Publisher: Oxford University Press

Published: 2022-01-08

Total Pages: 505

ISBN-13: 0198796242

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Mark Knights offers the first overview of Britain's history of corruption in office in the pre-modern era, 1600-1850. Drawing on extensive archival material, Knights shows how corruption in the domestic and imperial spheres interacted, and how the concept of corruption developed during this period, changing British ideas of trust and distrust.