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At the 1768 Treaty of Fort Stanwix, the British secured the largest land cession in colonial North America. Crown representatives gained possession of an area claimed but not occupied by the Iroquois that encompassed parts of New York, Pennsylvania, Ohio, Kentucky, and West Virginia. The Iroquois, however, were far from naïve—and the outcome was not an instance of their simply being dispossessed by Europeans. In Speculators in Empire, William J. Campbell examines the diplomacy, land speculation, and empire building that led up to the treaty. His detailed study overturns common assumptions about the roles of the Iroquois and British on the eve of the American Revolution. Through the treaty, the Iroquois directed the expansion of empire in order to serve their own needs while Crown negotiators obtained more territory than they were authorized to accept. How did this questionable transfer happen, who benefited, and at what cost? Campbell unravels complex intercultural negotiations in which colonial officials, land speculators, traders, tribes, and individual Indians pursued a variety of agendas, each side possessing considerable understanding of the other’s expectations and intentions. Historians have credited British Indian superintendent Sir William Johnson with pulling off the land grab, but Campbell shows that Johnson was only one of many players. Johnson’s deputy, George Croghan, used the treaty to capitalize on a lifetime of scheming and speculation. Iroquois leaders and their peoples also benefited substantially. With keen awareness of the workings of the English legal system, they gained protection for their homelands by opening the Ohio country to settlement. Campbell’s navigation of the complexities of Native and British politics and land speculation illuminates a time when regional concerns and personal politicking would have lasting consequences for the continent. As Speculators in Empire shows, colonial and Native history are unavoidably entwined, and even interdependent.
A fascinating history of a contested frontier, where struggles over landownership brought Native Americans and English colonists together Properties of Empire shows the dynamic relationship between Native and English systems of property on the turbulent edge of Britain’s empire, and how so many colonists came to believe their prosperity depended on acknowledging Indigenous land rights. As absentee land speculators and hardscrabble colonists squabbled over conflicting visions for the frontier, Wabanaki Indians’ unity allowed them to forcefully project their own interpretations of often poorly remembered old land deeds and treaties. The result was the creation of a system of property in Maine that defied English law, and preserved Native power and territory. Eventually, ordinary colonists, dissident speculators, and grasping officials succeeded in undermining and finally destroying this arrangement, a process that took place in councils and courtrooms, in taverns and treaties, and on battlefields. Properties of Empire challenges assumptions about the relationship between Indigenous and imperial property creation in early America, as well as the fixed nature of Indian “sales” of land, revealing the existence of a prolonged struggle to re-interpret seventeenth-century land transactions and treaties well into the eighteenth century. The ongoing struggle to construct a commonly agreed-upon culture of landownership shaped diplomacy, imperial administration, and matters of colonial law in powerful ways, and its legacy remains with us today.
The man who bought a country -- The emergence of an idea -- King Leopold's Borneo -- Bismarck's Borneo -- Epilogue: "A great act of folly
"This book focuses on the attempts of three seventh-century Palestinian intellectuals--John Moschos, Sophronius of Jerusalem, and Maximus the Confessor--to determine the Church's power and place during a period of profound crisis, as the eastern Roman empire suffered serious reversals in the face of Persian and then Islamic expansion. Through their stories, Booth documents nothing less than a profound change in the very nature of the self-perception of a religious society. Although focused on the first half of the seventh century, this book throws bright light both behind itself--on the nature of the role of the holy man in late antiquity--and in front of itself--on the nature of the Byzantine Orthodoxy that would emerge in the middle ages, and which is still central to the churches of Greece and Eastern Europe"--
The first book to reveal the deep historical roots of the modern corporate obsession with stock price - a major cause of recent scandals like those at Enron and WorldComDetails how the rise of the modern corporation created the modern stock market - and why this led to an economy dominated by stock speculationAmerican companies once focused exclusively on providing the best products and services. But today, most corporations are obsessed with maximizing their stock prices, resulting in short-term thinking and the kind of cook-the-books corruption seen in the Enron and WorldCom scandals. How did this happen?In this groundbreaking book, Lawrence E. Mitchell traces the origins of the problem to the first decade of the 20th century, when industrialists and bankers began merging existing companies into huge ''combines''- today's giant corporations - so they could profit by manufacturing and selling stock in these new entities. He describes and analyzes the legal changes that made this possible, the federal regulatory efforts that missed the significance of this transforming development, and the changes in American society and culture that led more and more Americans to enter the market, turning from relatively safe bonds to riskier common stock in the hopes of becoming rich. Financiers and the corporations they controlled encouraged this trend, but as stock ownership expanded and businesses were increasingly forced to cater to stockholders' ''get rich quick'' expectations, a subtle but revolutionary shift in the nature of the American economy occurred: finance no longer served industry; instead, industry began to serve finance.The Speculation Economy analyzes the history behind the opening of this economic Pandora's box, the root cause of so many modern acts of corporate malfeasance.
Eighteenth-century Spain drew on the Enlightenment to reconfigure its role in the European balance of power. As its force and its weight declined, Spanish thinkers discouraged war and zealotry and pursued peace and cooperation to reconfigure the international Spanish Empire.
Niall Ferguson's acclaimed bestseller on the highs and lows of Britain's empire 'A remarkably readable précis of the whole British imperial story - triumphs, deceits, decencies, kindnesses, cruelties and all' Jan Morris Once vast swathes of the globe were coloured imperial red and Britannia ruled not just the waves, but the prairies of America, the plains of Asia, the jungles of Africa and the deserts of Arabia. Just how did a small, rainy island in the North Atlantic achieve all this? And why did the empire on which the sun literally never set finally decline and fall? Niall Ferguson's acclaimed Empire brilliantly unfolds the imperial story in all its splendours and its miseries, showing how a gang of buccaneers and gold-diggers planted the seed of the biggest empire in all history - and set the world on the road to modernity. 'The most brilliant British historian of his generation ... Ferguson examines the roles of "pirates, planters, missionaries, mandarins, bankers and bankrupts" in the creation of history's largest empire ... he writes with splendid panache ... and a seemingly effortless, debonair wit' Andrew Roberts 'Dazzling ... wonderfully readable' New York Review of Books 'Empire is a pleasure to read and brims with insights and intelligence' Sunday Times
An argument that conceiving of economic value as a social force makes it possible to develop a new and more powerful theory of market behavior. With the advent of the 2007–2008 financial crisis, the economics profession itself entered into a crisis of legitimacy from which it has yet to emerge. Despite the obviousness of their failures, however, economists continue to rely on the same methods and to proceed from the same underlying assumptions. André Orléan challenges the neoclassical paradigm in this book, with a new way of thinking about perhaps its most fundamental concept, economic value. Orléan argues that value is not bound up with labor, or utility, or any other property that preexists market exchange. Economic value, he contends, is a social force whose vast sphere of influence, amounting to a kind of empire, extends to every aspect of economic life. Markets are based on the identification of value with money, and exchange value can only be regarded as a social institution. Financial markets, for example, instead of defining an extrinsic, objective value for securities, act as a mechanism for arriving at a reference price that will be accepted by all investors. What economists must therefore study, Orléan urges, is the hold that value has over individuals and how it shapes their perceptions and behavior. Awarded the prestigious Prix Paul Ricoeur on its original publication in France in 2011, The Empire of Value has been substantially revised and enlarged for this edition, with an entirely new section discussing the financial crisis of 2007–2008.
Using research from both sides of the Atlantic, Stephen Hornsby examines the development of British military cartography in North America during and after the Seven Years War, as well as advancements in military and scientific equipment used in surveying. At the same time, he follows the land speculation of two leading surveyors, Samuel Holland and J.F.W. Des Barres, and the publication history of The Atlantic Neptune. Richly illustrated with images from The Atlantic Neptune and earlier maps, Surveyors of Empire is an insightful account of the relationship between science and imperialism, and the British shaping of the Atlantic world.
The Business of Empire assesses the domestic impact of British imperial expansion by analysing what happened in Britain following the East India Company's acquisition of a vast territorial empire in South Asia. Drawing on a mass of hitherto unused material contained in the company's administrative and financial records, the book offers a reconstruction of the inner workings of the company as it made the remarkable transition from business to empire during the late-eighteenth century. H. V. Bowen profiles the company's stockholders and directors and examines how those in London adapted their methods, working practices, and policies to changing circumstances in India. He also explores the company's multifarious interactions with the domestic economy and society, and sheds important new light on its substantial contributions to the development of Britain's imperial state, public finances, military strength, trade and industry. This book will appeal to all those interested in imperial, economic and business history.