Managing the Wealth of Nations: Political Economies of Change in Preindustrial Europe

Managing the Wealth of Nations: Political Economies of Change in Preindustrial Europe
ISBN-10
1529211247
ISBN-13
9781529211245
Category
Business & Economics
Pages
300
Language
English
Published
2023-03-27
Publisher
Policy Press
Author
Philipp Robinson Rössner

Description

‘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 Robinson 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 the modern day, casting new light on the areas where premodern 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.

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