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This is the story of free trade in 19th century Britain, its contribution to the development of Britain's democratic culture, and the unravelling of the free trade movement in the wake of the First World War.
How did the rich countries really become rich? In this provocative study, Ha-Joon Chang examines the great pressure on developing countries from the developed world to adopt certain 'good policies' and 'good institutions', seen today as necessary for economic development. His conclusions are compelling and disturbing: that developed countries are attempting to 'kick away the ladder' with which they have climbed to the top, thereby preventing developing countries from adopting policies and institutions that they themselves have used.
The argument about the limits of Free Trade or Protectionism rages throughout the world to this day. Following the Repeal of the Corn Laws in 1846, free trade became one of the most distinctive defining features of the British state, and of British economic, social, and political life. Whilethe United States, much of the British Empire, and the leading European Powers turned towards protectionism before 1914, Britain alone held to a policy which had seemingly guaranteed power and prosperity. This book seeks to explain the political history of this tenacious loyalty. While the TariffReform opponents of free trade have been much studied, this is the first substantial account, based on a wide range of printed and archival sources, which explains the primacy of free trade in nineteenth- and early-twentieth century Britain. It also shows that by the centenary of the Repeal of theCorn Laws in 1946, although British free traders lamented the death of Liberal England, they heralded, under American leadership, the rebirth of the liberal international order.
Exploring works by Walter Scott, Harriet Martineau, Charlotte Brontë, Charles Dickens, and their lesser-known contemporaries, Romances of Free Trade historicizes globalization as it traces the perception of dissolving borders and declining national sovereignty back into the nineteenth century. The book offers a new account of the cultural work of romance in nineteenth-century Britain. Çelikkol argues that novelists and playwrights employed this genre to represent a radically new historical formation: the emergence of a globalized free-market economy. In previous centuries, the British state had pursued an economic policy that chose domestic goods over foreign ones. Through the first half of the nineteenth century, liberal economists maintained that commodity traffic across national borders should move outside the purview of the state, a position and practice that began to take hold as the century progressed. Amid the transformation, Britons pondered the vertiginous effects of rapidly accelerating economic circulation. Would patriotic attachment to the homeland dissolve along with the preference for domestic goods? How would the nation and the empire fare if commerce became uncontrollable? The literary genre of romance, characterized by protagonists who drift in lawless spaces, played a meaningful role in addressing such pressing questions. From the figure of the smuggler to the episodic plot structure, romance elements in fiction and drama narrated and made tangible the sprawling global markets and fluid capital that were reshaping the world. In addition to clear-eyed close readings of nineteenth-century novels and plays, Çelikkol draws on the era's major economic theorists, figures like Adam Smith and Thomas Malthus, to vividly illustrate the manifold ways the romance genre engaged with these emerging financial changes.
John Gallagher was a major influence on a generation of students of empire. His re-interpretation of the nature of British imperialism stimulated much debate. Here, Anil Seal has edited a group of Gallagher's major essays.
In 1953, John Gallagher and Ronald Robinson shook the foundations of imperial history with their essay ‘The Imperialism of Free Trade’. They reshaped how historians saw the British empire, focussing not on the ‘red bits on the map’ and the wishes of policy makers in London, but rather on British economic and political influence globally. Expanding on this analysis, this volume provides an examination of imperialism which brings the reader right up to the present. This book offers an innovative assessment and analysis of the history and contemporary status of imperial control. It does so in four parts, examining the historical emergence and traditions of imperialism; the relationships between the periphery and the metropolitan; the role of supranational agencies in the extension of imperial control; and how these connect to financialisation and international political economy. The book provides a dynamic and unique perspective on imperialism by bringing together a range of contributors – both established and up-and-coming scholars, activists, and those from industry – from a wide range of disciplines and backgrounds. In providing these authors a space to apply their insights, this engaging volume sheds light on the practical implications of imperialism for the contemporary world. With a broad chronological and geographical sweep, this book provides theoretical and empirical engagements with the nature of imperialism and its effects upon societies. It will be of great interest to a broad range of disciplines across the humanities and social sciences, especially those working in History, Politics, and Management and Organisation Studies.
Based on five years of archival research, this book offers a radical reinterpretation of Britain and Spain’s relationship during the growth, apogee and decline of the British Empire. It shows that from the early nineteenth century Britain turned Spain into an ‘informal’ colony, using its economic and military dominance to achieve its strategic and economic ends. Britain’s free trade campaign, which aimed to tear down the legal barriers to its explosive trade and investment expansion, undermined Spain’s attempts to achieve industrial take-off, demonstrating that the relationship between the two countries was imperial in nature, and not simply one of unequal national power. Exploring five key moments of crisis in their relations, from the First Carlist War in the 1830s to the Second World War, the author analyses Britain’s use of military force in achieving its goals, and the consequences that this had for economic and political policy-making in Spain. Ultimately, the Anglo-Spanish relationship was an early example of the interaction between industrial power and colonies, formal and informal, that characterised the post-World War Two period. An insightful read for anyone researching the British Empire and its colonies, this book offers an innovative perspective by closely examining the volatile relationship between two European powers.
The repeal of Britain's Corn Laws in 1846, one of the most important economic policy decisions of the 19th century, has long intrigued and puzzled political scientists, historians, and economists. This book examines the interacting forces that brought about the abrupt beginning of Britain's free-trade empire.
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