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The Economy of Obligation

<div>This book is an excellent work of scholarship. It seeks to redefine the early modern English economy by rejecting the concept of capitalism, and instead explores the cultural meaning of credit which resulted 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-sixteenth 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.<br></div>
 

  Autore: Muldrew Craig  
  Editore: Palgrave Macmillan  
  Isbn: 0312215657  
  EAN : 9780312215651  
  Data pub. 15 Oct 98  
  Collana: Palgrave Macmillan (Hardcover)  
  Classificazione:HISTORY  
  Pagine: 453  
  Prezzo: € 181,10  







 
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