‘Commerce and manufactures gradually introduced order and good government,’ wrote Adam Smith in his Wealth of Nations, ‘and with them, the liberty and security of individuals.’ However, Philipp Rössner shows how, when looked at in the face of history, it has usually been the other way around.
This book follows the development of capitalism from the Middle Ages through the industrial revolution to modern day, casting new light on the areas where pre-modern political economies of growth and development made a difference. It shows how order and governance provided the foundation for prosperity, growth and the wealth of nations.
Written for scholars and students of economic history, this is a pioneering new study that debunks the neoliberal origin myth of how capitalism came into the world.
International Organizations (IOs) are vital institutions in world politics in which cross-border issues can be discussed and global problems managed.
This path-breaking book shows the efforts that small states have made to participate more fully in IO activities. It draws attention to the challenges created by widened participation in IOs and develops an original model of the dilemmas that both IOs and small states face as the norms of sovereign equality and the right to develop coincide.
Drawing on extensive qualitative data, including more than 80 interviews conducted for this book, the authors find that the strategies which both IOs and small states adopt to balance their respective dilemmas can explain both continuity and change in their interactions with institutions ranging from UN agencies to the World Trade Organization.
been driven by Schneeberg); to this came a temporary revival in the Thuringia Saiger smelting industry, especially in the Mansfeld area, where Luther came from. The area was marked by high levels of trade dependency and market integration, and its wider implications will be discussed in Chapter 8 . 93 But back to coins and velocity. Materiality, velocity and numismatics: a new approach to the history of capitalism The numismatist has become an endangered species. This is sad because coins can be fundamentally important for studying the history of
ideas and theories. Some were tried but never worked; others remained utopian. But even good ideas applied in bad contexts can serve meaningful lessons on the politics of economic change. 53 Chapters 4 on market regulation, 5 on monetary theory and 7 on the history of the manufacturing paradigm will again predominantly focus on ideas; while Chapter 8 provides a comparative survey on how ideas related to industrial policy as sketched in Chapter 7 translated into practice. Chapter 6 on velocity combines Begriffsgeschichte with numismatics, using material
the future from the present and the past; and new academic disciplines taking to the stage, including history and its auxiliary companions aimed at verifying and validating historical evidence found in the sources, including palaeography, codicology and numismatics. 12 This gives us ample occasion to reconsider capitalism’s temporalities, 13 and related concepts in historians’ grander narratives on economic development. 14 Paul Slack, a self-confessed ‘Whig’ historian, explicitly marked out early modern England as the place where a concept of improvement was
Kwajalein Atoll to the US, while Nauru leases a portion of its island to Australia as a asylum seeker detention facility ( Mountz, 2011 ). Elsewhere, small states sell sovereign recognition (many Pacific states have been rewarded for recognizing either Taiwan or China, for example; see Van Fossen, 2007 ); passports and economic citizenship; shipping registries; Internet domain names (Tuvalu was advantageously granted .TV); while philately and numismatics have been a lucrative business for small states, albeit revenue from this source is declining. Other forms of revenue
