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This fascinating study follows the fortunes of the Höchstetter family, merchant-manufacturers and financiers of Augsburg, Germany, in the late-fifteenth and early-sixteenth centuries, and sheds light on the economic and social history of failure and resilience in early modern Europe. Carefully tracing the chronology of the family’s rise, fall and transformation, it moves from the micro- to the macro-level, making comparisons with other mercantile families of the time to draw conclusions and suggest insights into such issues as social mobility, capitalist organization, business techniques, market practices and economic institutions. The result is a microhistory that offers macro-conclusions about the lived experience of early capitalism and capitalistic practices. This book will be valuable reading for advanced students and researchers of economic, financial and business history, legal history and early modern European history.
Here, Lachmann offers a new explanation for the origins of nation-states and capitalist markets in early modern Europe. Comparing regions and cities within and across England, France, Italy, Spain, and the Netherlands from the 12th through 18th centuries, he shows how conflict among feudal elites---landlords, clerics, kings, and officeholders---transformed the bases of their control over land and labor, forcing the winners of feudal conflicts to become capitalists in spite of themselves as they took defensive actions to protect their privileges from rivals in the aftermath of the Reformation.
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.
Fifty years after the publication of Eric Wolf’s celebrated Peasant Wars of the Twentieth Century, and forty years after the publication of his path-breaking Europe and the People Without History, this book offers a much-needed critical assessment and update of Wolf’s contribution to the study of the peasantry and its relationship to capitalism, the state, and imperialism. This book provides a comprehensive evaluation of Wolf’s premises, methodology, and understanding of the peasantry, and its relationship to the rise of capitalism and the modern state. The authors analyse Wolf’s theoretical approach and, by building on his work in Europe and the People Without History especially, argue their own position concerning the dynamics of the peasantry in relation to capitalism, state, class, and imperialism. Further, the text aims to answer the agrarian question more widely, focusing on agrarian society and the political role of the peasantry in contested transitions to capitalism and to modes beyond capitalism. This requires, the authors argue, an analysis of class struggle and of the resources, material and discursive, that different classes can bring to bear on this struggle. Based on well-founded theoretical premises, the book focuses on the contested rise of capitalism in the global North, the development of core–periphery relations in the global political economy, and the place of the peasantry in these dynamics. The book presents case studies of transitions to agrarian capitalism in the British Isles, France, Germany, Japan, and the USA. The book will be of great interest to students and researchers in the areas of peasant studies, rural politics, agrarian studies, development, and political ecology.
In this Very Short Introduction James Fulcher considers what capitalism is, the forms it can take around the world, and its history of crises and long-term development. In this new edition he discusses the fundamental impact of the global financial crises of 2007-8 and what it has meant for capitalism worldwide.
How did the dynamic economic system we know as capitalism develop among the peasants and lords of feudal Europe? In The Origin of Capitalism, a now-classic work of history, Ellen Meiksins Wood offers readers a clear and accessible introduction to the theories and debates concerning the birth of capitalism, imperialism, and the modern nation state. Capitalism is not a natural and inevitable consequence of human nature, nor simply an extension of age-old practices of trade and commerce. Rather, it is a late and localized product of very specific historical conditions, which required great transformations in social relations and in the relationship between humans and nature.