The Economy of Obligation : Culture of Credit and Social Relations in Early Modern England Hardback
by Craig Muldrew
Part of the Early Modern History: Society and Culture series
Hardback
Description
This text 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 16th 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.
Information
-
Item not Available
- Format:Hardback
- Pages:453 pages, biography
- Publisher:Palgrave Macmillan
- Publication Date:14/09/1998
- Category:
- ISBN:9780333625712
Information
-
Item not Available
- Format:Hardback
- Pages:453 pages, biography
- Publisher:Palgrave Macmillan
- Publication Date:14/09/1998
- Category:
- ISBN:9780333625712
